SMITHY HOUSE, SOUND LANE, RAVENSMOOR, NANTWICH, CW5 8PS - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SMITHY HOUSE is a very large extended detached house of 194m², built sometime from 2007 onwards. It was last sold for £345,000 in July 2015, which was around 13% above the average July 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was B.

SMITHY HOUSE Sold Prices

Land registry data shows two sales for SMITHY HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. One of the two SMITHY HOUSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 27 JUL	£345,000	£305,999	13% above HPI
2007 22 JUN	£280,000	£294,989	5% below HPI

SMITHY HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two SMITHY HOUSE sales from June 2007 and July 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is SMITHY HOUSE?

SMITHY HOUSE is 194m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Ravensmoor, based on EPC data. The below chart shows the distribution of detached houses by size in Ravensmoor, and where SMITHY HOUSE lies on this distribution: 80% of detached houses are smaller than SMITHY HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Ravensmoor.

SMITHY HOUSE: Plot and Title Map

SMITHY HOUSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of SMITHY HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of SMITHY HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is SMITHY HOUSE?

SMITHY HOUSE is located on SOUND LANE in RAVENSMOOR, in the CW5 postcode district. The below map shows the position of SMITHY HOUSE on SOUND LANE.