15, EMERALD WAY, LEAMINGTON SPA, CV31 3LD - £354,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 EMERALD WAY is a small detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £367,094. It was last sold for £354,000 in December 2022, which was around 42% below the average December 2022 detached price in the Warwick local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

15 EMERALD WAY Sold Prices

Land registry data shows six sales for 15 EMERALD WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the six 15 EMERALD 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
2022 1 DEC	£354,000	£611,808	42% below HPI
2019 21 AUG	£275,000	£545,506	50% below HPI
2011 11 AUG	£207,500	£362,894	43% below HPI
2009 26 MAY	£170,000	£306,886	45% below HPI
2003 19 DEC	£175,000	£293,867	40% below HPI
1995 22 DEC	£77,000	£115,104	33% below HPI

15 EMERALD WAY 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 six 15 EMERALD WAY sales between December 1995 and December 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 August 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 15 EMERALD WAY be worth now?

15 EMERALD WAY might now be worth an estimated £367,094.

This is based on house price inflation of 3.7%, between December 2022 and December 2024, 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 3.7% inflationary increase is applied to the most recent sale price for 15 EMERALD WAY of £354,000 on 1st December 2022. For the value to have increased from £354,000 to £367,094 over the two years to December 2024, the following assumptions must hold true:

• The value of 15 EMERALD WAY has moved in line with the HPI for detached houses in the Warwick local authority area.
• The December 2022 sale price of £354,000 represented a fair market value for the property.
• The size, condition, and specification of 15 EMERALD WAY has not materially changed since December 2022.

How Large is 15 EMERALD WAY?

15 EMERALD WAY is 111m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% 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 15 EMERALD WAY lies on this distribution: 30% of detached houses houses are smaller than 15 EMERALD WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

15 EMERALD WAY: Plot and Title Map

15 EMERALD WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 15 EMERALD 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 15 EMERALD 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 15 EMERALD WAY?

15 EMERALD WAY is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 15 on EMERALD WAY.