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
1 MILL ROAD is a very large detached house of 254m², built sometime from 2007 onwards. It was last sold for £850,290 in October 2011, which was around 136% above the average October 2011 detached price in the Warwick local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 1 MILL ROAD since 1st 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. Two of the three 1 MILL ROAD 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 |
---|---|---|---|
2011 14 OCT | £850,290 | £360,000 | 136% above HPI |
2010 19 MAR | £310,000 | £340,816 | 9% below HPI |
2008 8 JUL | £440,000 | £349,727 | 26% above HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 1 MILL ROAD sales between July 2008 and October 2011 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 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2011 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.
1 MILL ROAD is 254m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Leamington Spa, and where 1 MILL ROAD lies on this distribution: 91% of detached houses are smaller than 1 MILL ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.
1 MILL ROAD sits on a plot of roughly 0.324 of an acre, or 1,311m². The below map shows the location of 1 MILL ROAD, 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 MILL ROAD). 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.
1 MILL ROAD is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 1 on MILL ROAD.