2, CHERWELL WAY, LONG LAWFORD, RUGBY, CV23 9SU - £279,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHERWELL WAY is a very small extended detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £302,824. It was last sold for £279,950 in June 2024, which was around 37% below the average June 2024 detached price in the Rugby local authority area. The most recent EPC inspection was April 2024, where the current energy rating was A, and the potential energy rating was A.

2 CHERWELL WAY Sold Prices

Land registry data shows three sales for 2 CHERWELL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 2 CHERWELL 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
2024 13 JUN	£279,950	£441,121	37% below HPI
2023 10 FEB	£215,000	£447,574	52% below HPI
2004 26 NOV	£153,000	£247,134	38% below HPI

2 CHERWELL 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 three 2 CHERWELL WAY sales between November 2004 and June 2024 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 February 2023 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2024 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 CHERWELL WAY be worth now?

2 CHERWELL WAY might now be worth an estimated £302,824.

This is based on house price inflation of 8.2%, between June 2024 and February 2025, 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 8.2% inflationary increase is applied to the most recent sale price for 2 CHERWELL WAY of £279,950 on 13th June 2024. For the value to have increased from £279,950 to £302,824 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 CHERWELL WAY has moved in line with the HPI for detached houses in the Rugby local authority area.
• The June 2024 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERWELL WAY has not materially changed since June 2024.

How Large is 2 CHERWELL WAY?

2 CHERWELL WAY is 68m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Long Lawford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Lawford, and where 2 CHERWELL WAY lies on this distribution: 4% of detached houses houses are smaller than 2 CHERWELL WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Long Lawford.

2 CHERWELL WAY: Plot and Title Map

2 CHERWELL WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 CHERWELL 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 2 CHERWELL 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 2 CHERWELL WAY?

2 CHERWELL WAY is located in LONG LAWFORD, in the CV23 postcode district. The below map shows the position of No. 2 on CHERWELL WAY.