2, ELM BANK CLOSE, LEAMINGTON SPA, CV32 6LR - £470,000

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

2 ELM BANK CLOSE is a large detached house of 156m², built sometime between 1950 and 1966. It was last sold for £470,000 in March 2012, which was around 29% above the average March 2012 detached price in the Warwick local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

2 ELM BANK CLOSE Sold Prices

Land registry data shows two sales for 2 ELM BANK 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 2 ELM BANK 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
2012 8 MAR	£470,000	£364,030	29% above HPI
2009 7 MAY	£410,000	£305,653	34% above HPI

2 ELM BANK 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 2 ELM BANK CLOSE sales from May 2009 and March 2012 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 May 2009 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2012 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 ELM BANK CLOSE?

2 ELM BANK CLOSE is 156m² according to the EPC inspection conducted in October 2011. This puts it in the largest 40% of detached houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Leamington Spa, and where 2 ELM BANK CLOSE lies on this distribution: 65% of detached houses are smaller than 2 ELM BANK CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

2 ELM BANK CLOSE: Plot and Title Map

2 ELM BANK CLOSE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 2 ELM BANK 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 2 ELM BANK 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 2 ELM BANK CLOSE?

2 ELM BANK CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 2 on ELM BANK CLOSE.