15, MONARCH CLOSE, RUGBY, CV21 1NX - £535,000

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 MONARCH CLOSE is a very large extended detached house of 224m², built sometime between 2003 and 2006, which could now be worth an estimated £664,349. It was last sold for £535,000 in May 2019, which was around 46% above the average May 2019 detached price in the Rugby local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was C.

15 MONARCH CLOSE Sold Prices

Land registry data shows two sales for 15 MONARCH CLOSE 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 15 MONARCH CLOSE sales were for above 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
2019 15 MAY	£535,000	£365,702	46% above HPI
2006 29 SEP	£470,000	£250,396	88% above HPI

15 MONARCH CLOSE 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 MONARCH CLOSE sales from September 2006 and May 2019 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 September 2006 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the May 2019 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 15 MONARCH CLOSE be worth now?

15 MONARCH CLOSE might now be worth an estimated £664,349.

This is based on house price inflation of 24.2%, between May 2019 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 24.2% inflationary increase is applied to the most recent sale price for 15 MONARCH CLOSE of £535,000 on 15th May 2019. For the value to have increased from £535,000 to £664,349 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 15 MONARCH CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The May 2019 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MONARCH CLOSE has not materially changed since May 2019.

How Large is 15 MONARCH CLOSE?

15 MONARCH CLOSE is 224m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% 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 15 MONARCH CLOSE lies on this distribution: 97% of detached houses houses are smaller than 15 MONARCH CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Rugby.

15 MONARCH CLOSE: Plot and Title Map

15 MONARCH CLOSE sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of 15 MONARCH CLOSE, 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 MONARCH CLOSE). 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 MONARCH CLOSE?

15 MONARCH CLOSE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 15 on MONARCH CLOSE.