12, SORREL DRIVE, RUGBY, CV23 0TL - £375,000

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 SORREL DRIVE is a midsized extended detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £400,049. It was last sold for £375,000 in August 2022, which was around 16% below the average August 2022 detached price in the Rugby local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

12 SORREL DRIVE Sold Prices

Land registry data shows four sales for 12 SORREL DRIVE 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. All of the four 12 SORREL DRIVE 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
2022 2 AUG	£375,000	£447,286	16% below HPI
2010 17 DEC	£190,000	£248,330	23% below HPI
2002 5 JUN	£137,500	£170,431	19% below HPI
2000 6 APR	£102,500	£126,516	19% below HPI

12 SORREL DRIVE 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 SORREL DRIVE sales between April 2000 and August 2022 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 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 SORREL DRIVE be worth now?

12 SORREL DRIVE might now be worth an estimated £400,049.

This is based on house price inflation of 6.7%, between August 2022 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 6.7% inflationary increase is applied to the most recent sale price for 12 SORREL DRIVE of £375,000 on 2nd August 2022. For the value to have increased from £375,000 to £400,049 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 12 SORREL DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The August 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SORREL DRIVE has not materially changed since August 2022.

How Large is 12 SORREL DRIVE?

12 SORREL DRIVE is 116m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 12 SORREL DRIVE lies on this distribution: 51% of detached houses houses are smaller than 12 SORREL DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Rugby.

12 SORREL DRIVE: Plot and Title Map

12 SORREL DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 12 SORREL DRIVE, 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 SORREL DRIVE). 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 SORREL DRIVE?

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