1, GATE FARM DRIVE, MONKS KIRBY, RUGBY, CV23 0RY - £422,500

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 GATE FARM DRIVE is a large detached house of 194m², built sometime between 1991 and 1995, which could now be worth an estimated £847,443. It was last sold for £422,500 in June 2004, which was around 87% above the average June 2004 detached price in the Rugby local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

1 GATE FARM DRIVE Sold Prices

Land registry data shows two sales for 1 GATE FARM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 1 GATE FARM DRIVE 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
2004 2 JUN	£422,500	£226,405	87% above HPI
1995 28 APR	£171,000	£83,803	104% above HPI

1 GATE FARM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two 1 GATE FARM DRIVE sales from April 1995 and June 2004 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 April 1995 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the June 2004 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 1 GATE FARM DRIVE be worth now?

1 GATE FARM DRIVE might now be worth an estimated £847,443.

This is based on house price inflation of 100.6%, between June 2004 and December 2024, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.6% inflationary increase is applied to the most recent sale price for 1 GATE FARM DRIVE of £422,500 on 2nd June 2004. For the value to have increased from £422,500 to £847,443 over the nineteen years and six months to December 2024, the following assumptions must hold true:

• The value of 1 GATE FARM DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The June 2004 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GATE FARM DRIVE has not materially changed since June 2004.

How Large is 1 GATE FARM DRIVE?

1 GATE FARM DRIVE is 194m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses houses in Monks Kirby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monks Kirby, and where 1 GATE FARM DRIVE lies on this distribution: 73% of detached houses houses are smaller than 1 GATE FARM DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Monks Kirby.

1 GATE FARM DRIVE: Plot and Title Map

1 GATE FARM DRIVE sits on a plot of roughly 0.256 of an acre, or 1,036m². The below map shows the location of 1 GATE FARM DRIVE, 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 GATE FARM DRIVE). 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 GATE FARM DRIVE?

1 GATE FARM DRIVE is located in MONKS KIRBY, in the CV23 postcode district. The below map shows the position of No. 1 on GATE FARM DRIVE.