15, ORCHARD WAY, BUBBENHALL, COVENTRY, CV8 3JQ - £426,000

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

15 ORCHARD WAY is a midsized detached house of 132m², built sometime between 1996 and 2002. It was last sold for £426,000 in June 2021, which was around 23% below the average June 2021 detached price in the Warwick local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

15 ORCHARD WAY Sold Prices

Land registry data shows four sales for 15 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Most of the four 15 ORCHARD 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
2021 29 JUN	£426,000	£551,558	23% below HPI
2016 11 AUG	£380,000	£488,257	22% below HPI
2004 14 JUL	£310,000	£312,743	1% below HPI
2001 31 JUL	£236,000	£208,601	13% above HPI

15 ORCHARD 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 four 15 ORCHARD WAY sales between July 2001 and June 2021 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 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 ORCHARD WAY?

15 ORCHARD WAY is 132m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Bubbenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Bubbenhall, and where 15 ORCHARD WAY lies on this distribution: 48% of detached houses are smaller than 15 ORCHARD WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Bubbenhall.

15 ORCHARD WAY: Plot and Title Map

15 ORCHARD WAY sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 15 ORCHARD 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 ORCHARD 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 ORCHARD WAY?

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