1, MILLENNIUM WAY, WOLSTON, COVENTRY, CV8 3PE - £322,500

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 MILLENNIUM WAY is a large extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £322,500 in March 2020, which was around 14% below the average March 2020 detached price in the Rugby local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

1 MILLENNIUM WAY Sold Prices

Land registry data shows four sales for 1 MILLENNIUM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Most of the four 1 MILLENNIUM WAY sales were 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 4 MAR	£322,500	£375,510	14% below HPI
2016 2 MAR	£295,000	£326,188	10% below HPI
2015 30 JUN	£290,000	£305,651	5% below HPI
1999 28 MAY	£122,950	£116,558	5% above HPI

1 MILLENNIUM WAY 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 four 1 MILLENNIUM WAY sales between May 1999 and March 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 March 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 MILLENNIUM WAY?

1 MILLENNIUM WAY is 142m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Wolston, based on EPC data. The below chart shows the distribution of detached houses by size in Wolston, and where 1 MILLENNIUM WAY lies on this distribution: 63% of detached houses are smaller than 1 MILLENNIUM WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Wolston.

1 MILLENNIUM WAY: Plot and Title Map

1 MILLENNIUM WAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 MILLENNIUM WAY, 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 MILLENNIUM WAY). 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 MILLENNIUM WAY?

1 MILLENNIUM WAY is located in WOLSTON, in the CV8 postcode district. The below map shows the position of No. 1 on MILLENNIUM WAY.