THE OLD SMITHY, FARRIERS WAY, LIGHTHORNE, WARWICK, CV35 0BL - £599,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE OLD SMITHY is a small detached house of 138m², which could now be worth an estimated £741,060. It was last sold for £599,950 in December 2019, which was around 23% above the average December 2019 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

THE OLD SMITHY Sold Prices

Land registry data shows three sales for THE OLD SMITHY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Two of the three THE OLD SMITHY sales were for above the average price, whilst one 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
2019 18 DEC	£599,950	£488,630	23% above HPI
2018 29 MAR	£625,000	£489,110	28% above HPI
2017 8 AUG	£30,000	£487,331	94% below HPI

THE OLD SMITHY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The three THE OLD SMITHY sales between August 2017 and December 2019 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 March 2018 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2019 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might THE OLD SMITHY be worth now?

THE OLD SMITHY might now be worth an estimated £741,060.

This is based on house price inflation of 23.5%, between December 2019 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for THE OLD SMITHY of £599,950 on 18th December 2019. For the value to have increased from £599,950 to £741,060 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of THE OLD SMITHY has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The December 2019 sale price of £599,950 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SMITHY has not materially changed since December 2019.

How Large is THE OLD SMITHY?

THE OLD SMITHY is 138m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses houses in Lighthorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lighthorne, and where THE OLD SMITHY lies on this distribution: 23% of detached houses houses are smaller than THE OLD SMITHY, and 77% of houses are larger. Note that EPC data is not available for all properties in Lighthorne.

THE OLD SMITHY: Plot and Title Map

THE OLD SMITHY sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of THE OLD SMITHY, 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 THE OLD SMITHY). 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 THE OLD SMITHY?

THE OLD SMITHY is located on FARRIERS WAY in LIGHTHORNE, in the CV35 postcode district. The below map shows the position of THE OLD SMITHY on FARRIERS WAY.