Resistance distance computation is a fundamental problem in graph analysis, yet existing random walk-based methods are limited to approximate solutions and suffer from poor efficiency on small-treewidth graphs (e.g., road networks). In contrast, shortest-path distance computation achieves remarkable efficiency on such graphs by leveraging cut properties and tree decompositions. Motivated by this disparity, we first analyze the cut property of resistance distance. While a direct generalization proves impractical due to costly matrix operations, we overcome this limitation by integrating tree decompositions, revealing that the resistance distance $r(s,t)$ depends only on labels along the paths from $s$ and $t$ to the root of the decomposition. This insight enables compact labelling structures. Based on this, we propose \treeindex, a novel index method that constructs a resistance distance labelling of size $O(n \cdot h_{\mathcal{G}})$ in $O(n \cdot h_{\mathcal{G}}^2 \cdot d_{\max})$ time, where $h_{\mathcal{G}}$ (tree height) and $d_{\max}$ (maximum degree) behave as small constants in many real-world small-treewidth graphs (e.g., road networks). Our labelling supports exact single-pair queries in $O(h_{\mathcal{G}})$ time and single-source queries in $O(n \cdot h_{\mathcal{G}})$ time. Extensive experiments show that TreeIndex substantially outperforms state-of-the-art approaches. For instance, on the full USA road network, it constructs a $405$ GB labelling in $7$ hours (single-threaded) and answers exact single-pair queries in $10^{-3}$ seconds and single-source queries in $190$ seconds--the first exact method scalable to such large graphs.