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

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 SORREL DRIVE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £375,000 in August 2022, which was around 18% 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	£459,912	18% below HPI
2010 17 DEC	£190,000	£255,340	26% below HPI
2002 5 JUN	£137,500	£175,242	22% below HPI
2000 6 APR	£102,500	£130,087	21% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 12 SORREL DRIVE lies on this distribution: 51% of detached 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.