1, ELM BANK CLOSE, LEAMINGTON SPA, CV32 6LR - £900,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ELM BANK CLOSE is a very large extended detached house of 191m², built sometime between 1930 and 1949, which could now be worth an estimated £1,068,875. It was last sold for £900,000 in February 2020, which was around 68% above the average February 2020 detached price in the Warwick local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

1 ELM BANK CLOSE Sold Prices

Land registry data shows three sales for 1 ELM BANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 1 ELM BANK CLOSE sales were for above 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 14 FEB	£900,000	£534,201	68% above HPI
2014 19 JUN	£710,000	£410,148	73% above HPI
2001 21 SEP	£250,000	£215,814	16% above HPI

1 ELM BANK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 1 ELM BANK CLOSE sales between September 2001 and February 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 June 2014 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the February 2020 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 1 ELM BANK CLOSE be worth now?

1 ELM BANK CLOSE might now be worth an estimated £1,068,875.

This is based on house price inflation of 18.8%, between February 2020 and December 2024, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 1 ELM BANK CLOSE of £900,000 on 14th February 2020. For the value to have increased from £900,000 to £1,068,875 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 1 ELM BANK CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The February 2020 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELM BANK CLOSE has not materially changed since February 2020.

How Large is 1 ELM BANK CLOSE?

1 ELM BANK CLOSE is 191m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 1 ELM BANK CLOSE lies on this distribution: 80% of detached houses houses are smaller than 1 ELM BANK CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

1 ELM BANK CLOSE: Plot and Title Map

1 ELM BANK CLOSE sits on a plot of roughly 0.200 of an acre, or 811m². The below map shows the location of 1 ELM BANK CLOSE, 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 1 ELM BANK CLOSE). 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 1 ELM BANK CLOSE?

1 ELM BANK CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 1 on ELM BANK CLOSE.