2, ELMS DRIVE, AUSTREY, ATHERSTONE, CV9 3EL - £200,000

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 ELMS DRIVE is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £200,000 in August 2013, which was around 11% below the average August 2013 detached price in the North Warwickshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

2 ELMS DRIVE Sold Prices

Land registry data shows four sales for 2 ELMS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. All of the four 2 ELMS DRIVE 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
2013 28 AUG	£200,000	£225,407	11% below HPI
2009 2 NOV	£175,000	£236,517	26% below HPI
2002 20 FEB	£120,000	£132,465	9% below HPI
1996 29 MAR	£64,000	£78,804	19% below HPI

2 ELMS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The four 2 ELMS DRIVE sales between March 1996 and August 2013 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 November 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 ELMS DRIVE?

2 ELMS DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Austrey, based on EPC data. The below chart shows the distribution of detached houses by size in Austrey, and where 2 ELMS DRIVE lies on this distribution: 26% of detached houses are smaller than 2 ELMS DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Austrey.

2 ELMS DRIVE: Plot and Title Map

2 ELMS DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 2 ELMS DRIVE, 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 ELMS DRIVE). 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 ELMS DRIVE?

2 ELMS DRIVE is located in AUSTREY, in the CV9 postcode district. The below map shows the position of No. 2 on ELMS DRIVE.