1, SMITHS ORCHARD, RUGBY, CV21 3PQ - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SMITHS ORCHARD is a midsized detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £355,467. It was last sold for £270,000 in March 2018, which was around 26% below the average March 2018 detached price in the Rugby local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

1 SMITHS ORCHARD Sold Prices

Land registry data shows three sales for 1 SMITHS ORCHARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 1 SMITHS ORCHARD 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
2018 23 MAR	£270,000	£364,707	26% below HPI
2008 10 MAR	£183,000	£271,134	33% below HPI
2002 26 APR	£40,000	£167,654	76% below HPI

1 SMITHS ORCHARD 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 three 1 SMITHS ORCHARD sales between April 2002 and March 2018 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 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 SMITHS ORCHARD be worth now?

1 SMITHS ORCHARD might now be worth an estimated £355,467.

This is based on house price inflation of 31.7%, between March 2018 and March 2025, 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 31.7% inflationary increase is applied to the most recent sale price for 1 SMITHS ORCHARD of £270,000 on 23rd March 2018. For the value to have increased from £270,000 to £355,467 over the seven years to March 2025, the following assumptions must hold true:

• The value of 1 SMITHS ORCHARD has moved in line with the HPI for detached houses in the Rugby local authority area.
• The March 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SMITHS ORCHARD has not materially changed since March 2018.

How Large is 1 SMITHS ORCHARD?

1 SMITHS ORCHARD is 113m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 1 SMITHS ORCHARD lies on this distribution: 47% of detached houses houses are smaller than 1 SMITHS ORCHARD, and 52% of houses are larger. Note that EPC data is not available for all properties in Rugby.

1 SMITHS ORCHARD: Plot and Title Map

1 SMITHS ORCHARD sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 SMITHS ORCHARD, 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 SMITHS ORCHARD). 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 SMITHS ORCHARD?

1 SMITHS ORCHARD is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 1 on SMITHS ORCHARD.