1, SPINNEY LANE, RUGBY, CV21 1RZ - £430,000

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 SPINNEY LANE is a very large detached house of 162m², which could now be worth an estimated £527,223. It was last sold for £430,000 in November 2020, which was around 10% above the average November 2020 detached price in the Rugby local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

1 SPINNEY LANE Sold Prices

Land registry data shows two sales for 1 SPINNEY LANE 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 SPINNEY LANE 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
2020 5 NOV	£430,000	£389,172	10% above HPI
2017 26 MAY	£415,000	£335,944	24% above HPI

1 SPINNEY LANE 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 SPINNEY LANE sales from May 2017 and November 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 May 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 SPINNEY LANE be worth now?

1 SPINNEY LANE might now be worth an estimated £527,223.

This is based on house price inflation of 22.6%, between November 2020 and February 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 22.6% inflationary increase is applied to the most recent sale price for 1 SPINNEY LANE of £430,000 on 5th November 2020. For the value to have increased from £430,000 to £527,223 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 SPINNEY LANE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The November 2020 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPINNEY LANE has not materially changed since November 2020.

How Large is 1 SPINNEY LANE?

1 SPINNEY LANE is 162m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% 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 SPINNEY LANE lies on this distribution: 84% of detached houses houses are smaller than 1 SPINNEY LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Rugby.

1 SPINNEY LANE: Plot and Title Map

1 SPINNEY LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 1 SPINNEY LANE, 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 SPINNEY LANE). 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 SPINNEY LANE?

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