12, ELM BANK CLOSE, LEAMINGTON SPA, CV32 6LR - £667,500

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 ELM BANK CLOSE is a midsized extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £815,629. It was last sold for £667,500 in December 2017, which was around 27% above the average December 2017 detached price in the Warwick local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

12 ELM BANK CLOSE Sold Prices

Land registry data shows two sales for 12 ELM BANK 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 ELM BANK CLOSE 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
2017 18 DEC	£667,500	£524,942	27% above HPI
2016 19 AUG	£612,000	£490,226	25% above HPI

12 ELM BANK 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 ELM BANK CLOSE sales from August 2016 and December 2017 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 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2017 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 12 ELM BANK CLOSE be worth now?

12 ELM BANK CLOSE might now be worth an estimated £815,629.

This is based on house price inflation of 22.2%, between December 2017 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 22.2% inflationary increase is applied to the most recent sale price for 12 ELM BANK CLOSE of £667,500 on 18th December 2017. For the value to have increased from £667,500 to £815,629 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 ELM BANK CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The December 2017 sale price of £667,500 represented a fair market value for the property.
• The size, condition, and specification of 12 ELM BANK CLOSE has not materially changed since December 2017.

How Large is 12 ELM BANK CLOSE?

12 ELM BANK CLOSE is 125m², which includes three extensions, according to the EPC inspection conducted in December 2016. 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 ELM BANK CLOSE lies on this distribution: 43% of detached houses houses are smaller than 12 ELM BANK CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

12 ELM BANK CLOSE: Plot and Title Map

12 ELM BANK CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 12 ELM BANK 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 ELM BANK 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 ELM BANK CLOSE?

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