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
17 ORCHID WAY is a large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £382,000 in February 2023, which was around 17% below the average February 2023 detached price in the Rugby local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 17 ORCHID WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the four 17 ORCHID 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 |
---|---|---|---|
2023 10 FEB | £382,000 | £460,209 | 17% below HPI |
2007 1 JUN | £225,000 | £270,901 | 17% below HPI |
2003 29 AUG | £178,000 | £215,331 | 17% below HPI |
2001 3 AUG | £131,500 | £159,201 | 17% below HPI |
The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The four 17 ORCHID WAY sales between August 2001 and February 2023 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 June 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2023 sale, which was also at 17% below the HPI.
17 ORCHID WAY is 126m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 17 ORCHID WAY lies on this distribution: 61% of detached houses are smaller than 17 ORCHID WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Rugby.
17 ORCHID WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 17 ORCHID 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 17 ORCHID 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.
17 ORCHID WAY is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 17 on ORCHID WAY.