12, MILLENNIUM WAY, WOLSTON, COVENTRY, CV8 3PE - £218,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MILLENNIUM WAY is a very small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £218,000 in November 2013, which was around 21% below the average November 2013 detached price in the Rugby local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

12 MILLENNIUM WAY Sold Prices

Land registry data shows four sales for 12 MILLENNIUM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Most of the four 12 MILLENNIUM WAY 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
2013 15 NOV	£218,000	£274,578	21% below HPI
2003 15 DEC	£194,000	£213,610	9% below HPI
2003 29 AUG	£196,000	£215,331	9% below HPI
1999 27 AUG	£125,500	£121,557	3% above HPI

12 MILLENNIUM WAY 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 four 12 MILLENNIUM WAY sales between August 1999 and November 2013 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 December 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 MILLENNIUM WAY?

12 MILLENNIUM WAY is 94m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Wolston, based on EPC data. The below chart shows the distribution of detached houses by size in Wolston, and where 12 MILLENNIUM WAY lies on this distribution: 18% of detached houses are smaller than 12 MILLENNIUM WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Wolston.

12 MILLENNIUM WAY: Plot and Title Map

12 MILLENNIUM WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 12 MILLENNIUM WAY, 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 MILLENNIUM WAY). 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 MILLENNIUM WAY?

12 MILLENNIUM WAY is located in WOLSTON, in the CV8 postcode district. The below map shows the position of No. 12 on MILLENNIUM WAY.