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

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 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 12% 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	£365,201	12% below HPI
2016 2 MAR	£295,000	£317,234	7% below HPI
2015 30 JUN	£290,000	£297,260	2% below HPI
1999 28 MAY	£122,950	£113,358	8% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 MILLENNIUM WAY be worth now?

1 MILLENNIUM WAY might now be worth an estimated £401,021.

This is based on house price inflation of 24.3%, between March 2020 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 24.3% inflationary increase is applied to the most recent sale price for 1 MILLENNIUM WAY of £322,500 on 4th March 2020. For the value to have increased from £322,500 to £401,021 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 1 MILLENNIUM WAY has moved in line with the HPI for detached houses in the Rugby local authority area.
• The March 2020 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLENNIUM WAY has not materially changed since March 2020.

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 houses in Wolston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolston, and where 1 MILLENNIUM WAY lies on this distribution: 62% of detached houses houses are smaller than 1 MILLENNIUM WAY, and 37% 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.