12, ORCHID WAY, RUGBY, CV23 0SD - £262,500

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 ORCHID WAY is a midsized extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £262,500 in February 2017, which was around 23% below the average February 2017 detached price in the Rugby local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

12 ORCHID WAY Sold Prices

Land registry data shows two sales for 12 ORCHID WAY 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. Both of the two 12 ORCHID 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
2017 15 FEB	£262,500	£339,493	23% below HPI
2013 13 JUN	£210,000	£260,293	19% below HPI

12 ORCHID 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 two 12 ORCHID WAY sales from June 2013 and February 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 June 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 ORCHID WAY?

12 ORCHID WAY is 115m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 12 ORCHID WAY lies on this distribution: 50% of detached houses are smaller than 12 ORCHID WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Rugby.

12 ORCHID WAY: Plot and Title Map

12 ORCHID WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 12 ORCHID 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 ORCHID 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 ORCHID WAY?

12 ORCHID WAY is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 12 on ORCHID WAY.