17, ELAN CLOSE, LEAMINGTON SPA, CV32 7BX - £325,000

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

17 ELAN CLOSE is a small detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £466,486. It was last sold for £325,000 in June 2015, which was around 27% below the average June 2015 detached price in the Warwick local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

17 ELAN CLOSE Sold Prices

Land registry data shows two sales for 17 ELAN 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 Warwick local authority area for the corresponding sale date. Both of the two 17 ELAN CLOSE 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
2015 15 JUN	£325,000	£446,887	27% below HPI
1996 6 DEC	£94,000	£125,333	25% below HPI

17 ELAN CLOSE 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 two 17 ELAN CLOSE sales from December 1996 and June 2015 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 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 17 ELAN CLOSE be worth now?

17 ELAN CLOSE might now be worth an estimated £466,486.

This is based on house price inflation of 43.5%, between June 2015 and February 2025, 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 43.5% inflationary increase is applied to the most recent sale price for 17 ELAN CLOSE of £325,000 on 15th June 2015. For the value to have increased from £325,000 to £466,486 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 17 ELAN CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The June 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ELAN CLOSE has not materially changed since June 2015.

How Large is 17 ELAN CLOSE?

17 ELAN CLOSE is 109m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 17 ELAN CLOSE lies on this distribution: 29% of detached houses houses are smaller than 17 ELAN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

17 ELAN CLOSE: Plot and Title Map

17 ELAN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 17 ELAN 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 17 ELAN 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 17 ELAN CLOSE?

17 ELAN CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 17 on ELAN CLOSE.