THE SMITHY, CHURCH STREET, CHURCH STRETTON, SY6 6DH - £437,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE SMITHY is a midsized extended detached house of 124m², built sometime before 1900. It was last sold for £437,000 in July 2020, which was around 40% above the average July 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

THE SMITHY Sold Prices

Land registry data shows three sales for THE 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 Shropshire local authority area for the corresponding sale date. Two of the three THE 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
2020 27 JUL	£437,000	£312,756	40% above HPI
2006 29 NOV	£395,000	£261,957	51% above HPI
1999 7 JAN	£75,000	£100,020	25% below HPI

THE SMITHY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three THE SMITHY sales between January 1999 and July 2020 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 November 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is THE SMITHY?

THE SMITHY is 124m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% of detached houses in Church Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Church Stretton, and where THE SMITHY lies on this distribution: 42% of detached houses are smaller than THE SMITHY, and 57% of houses are larger. Note that EPC data is not available for all properties in Church Stretton.

THE SMITHY: Plot and Title Map

THE SMITHY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of THE 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 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 SMITHY?

THE SMITHY is located on CHURCH STREET in CHURCH STRETTON, in the SY6 postcode district. The below map shows the position of THE SMITHY on CHURCH STREET.