118, LOWER STREET, RUGBY, CV21 4NU - £320,000

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.

118 LOWER STREET is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £484,978. It was last sold for £320,000 in December 2015, which was around 2% above the average December 2015 detached price in the Rugby local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

118 LOWER STREET Sold Prices

Land registry data shows two sales for 118 LOWER STREET 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. One of the two 118 LOWER STREET sales was for above the average price, whilst the other was 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
2015 15 DEC	£320,000	£314,844	2% above HPI
1998 27 FEB	£70,000	£104,149	33% below HPI

118 LOWER STREET 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 118 LOWER STREET sales from February 1998 and December 2015 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 February 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 118 LOWER STREET be worth now?

118 LOWER STREET might now be worth an estimated £484,978.

This is based on house price inflation of 51.6%, between December 2015 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 51.6% inflationary increase is applied to the most recent sale price for 118 LOWER STREET of £320,000 on 15th December 2015. For the value to have increased from £320,000 to £484,978 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 118 LOWER STREET has moved in line with the HPI for detached houses in the Rugby local authority area.
• The December 2015 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 118 LOWER STREET has not materially changed since December 2015.

How Large is 118 LOWER STREET?

118 LOWER STREET is 106m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% 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 118 LOWER STREET lies on this distribution: 39% of detached houses houses are smaller than 118 LOWER STREET, and 61% of houses are larger. Note that EPC data is not available for all properties in Rugby.

118 LOWER STREET: Plot and Title Map

118 LOWER STREET sits on a plot of roughly 0.275 of an acre, or 1,113m². The below map shows the location of 118 LOWER STREET, 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 118 LOWER STREET). 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 118 LOWER STREET?

118 LOWER STREET is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 118 on LOWER STREET.