1, SPON LANE, GRENDON, ATHERSTONE, CV9 2PD - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SPON LANE is a small extended detached house of 119m², built sometime between 1900 and 1929. It was last sold for £290,000 in July 2020, which was around 8% below the average July 2020 detached price in the North Warwickshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

1 SPON LANE Sold Prices

Land registry data shows four sales for 1 SPON LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. Most of the four 1 SPON LANE 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 7 JUL	£290,000	£313,899	8% below HPI
2003 14 NOV	£222,000	£189,245	17% above HPI
1999 1 OCT	£105,000	£113,583	8% below HPI
1996 7 JUN	£83,500	£85,002	2% below HPI

1 SPON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The four 1 SPON LANE sales between June 1996 and July 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 November 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 SPON LANE?

1 SPON LANE is 119m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Grendon, based on EPC data. The below chart shows the distribution of detached houses by size in Grendon, and where 1 SPON LANE lies on this distribution: 37% of detached houses are smaller than 1 SPON LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Grendon.

1 SPON LANE: Plot and Title Map

1 SPON LANE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 1 SPON 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 SPON 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 SPON LANE?

1 SPON LANE is located in GRENDON, in the CV9 postcode district. The below map shows the position of No. 1 on SPON LANE.