15, MILLENNIUM WAY, WOLSTON, COVENTRY, CV8 3PE - £445,000

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 MILLENNIUM WAY is a very large extended detached house of 172m², built sometime between 1996 and 2002. It was last sold for £445,000 in July 2022, which was about the average July 2022 detached price in the Rugby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

15 MILLENNIUM WAY Sold Prices

Land registry data shows two sales for 15 MILLENNIUM 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. One of the two 15 MILLENNIUM WAY sales was roughly equal to the average price, whilst the other was 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 29 JUL	£445,000	£444,923	Close to HPI
2006 22 DEC	£250,000	£255,534	2% below HPI

15 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 two 15 MILLENNIUM WAY sales from December 2006 and July 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 MILLENNIUM WAY be worth now?

15 MILLENNIUM WAY might now be worth an estimated £454,198.

This is based on house price inflation of 2.1%, between July 2022 and December 2024, 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 2.1% inflationary increase is applied to the most recent sale price for 15 MILLENNIUM WAY of £445,000 on 29th July 2022. For the value to have increased from £445,000 to £454,198 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 15 MILLENNIUM WAY has moved in line with the HPI for detached houses in the Rugby local authority area.
• The July 2022 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILLENNIUM WAY has not materially changed since July 2022.

How Large is 15 MILLENNIUM WAY?

15 MILLENNIUM WAY is 172m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Wolston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolston, and where 15 MILLENNIUM WAY lies on this distribution: 86% of detached houses houses are smaller than 15 MILLENNIUM WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Wolston.

15 MILLENNIUM WAY: Plot and Title Map

15 MILLENNIUM WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 15 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 15 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 15 MILLENNIUM WAY?

15 MILLENNIUM WAY is located in WOLSTON, in the CV8 postcode district. The below map shows the position of No. 15 on MILLENNIUM WAY.