12, ELAN CLOSE, LEAMINGTON SPA, CV32 7BX - £440,000

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.

12 ELAN CLOSE is a midsized detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £509,643. It was last sold for £440,000 in June 2021, which was around 21% below the average June 2021 detached price in the Warwick local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

12 ELAN CLOSE Sold Prices

Land registry data shows two sales for 12 ELAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 12 ELAN CLOSE 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
2021 21 JUN	£440,000	£553,783	21% below HPI
2013 23 AUG	£290,000	£379,166	24% below HPI

12 ELAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 12 ELAN CLOSE sales from August 2013 and June 2021 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 August 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 ELAN CLOSE be worth now?

12 ELAN CLOSE might now be worth an estimated £509,643.

This is based on house price inflation of 15.8%, between June 2021 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 12 ELAN CLOSE of £440,000 on 21st June 2021. For the value to have increased from £440,000 to £509,643 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 12 ELAN CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The June 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELAN CLOSE has not materially changed since June 2021.

How Large is 12 ELAN CLOSE?

12 ELAN CLOSE is 124m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 12 ELAN CLOSE lies on this distribution: 43% of detached houses houses are smaller than 12 ELAN CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

12 ELAN CLOSE: Plot and Title Map

12 ELAN CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 12 ELAN CLOSE, 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 12 ELAN CLOSE). 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 12 ELAN CLOSE?

12 ELAN CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 12 on ELAN CLOSE.