2, EMERALD WAY, LEAMINGTON SPA, CV31 3LD - £208,000

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 EMERALD WAY is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £208,000 in August 2011, which was around 42% below the average August 2011 detached price in the Warwick local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

2 EMERALD WAY Sold Prices

Land registry data shows three sales for 2 EMERALD 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 Warwick local authority area for the corresponding sale date. All of the three 2 EMERALD 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
2011 26 AUG	£208,000	£361,436	42% below HPI
2002 8 FEB	£148,000	£220,658	33% below HPI
1996 24 MAY	£84,500	£116,012	27% below HPI

2 EMERALD WAY 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 three 2 EMERALD WAY sales between May 1996 and August 2011 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 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2011 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 EMERALD WAY?

2 EMERALD WAY is 69m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% 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 EMERALD WAY lies on this distribution: 3% of detached houses are smaller than 2 EMERALD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

2 EMERALD WAY: Plot and Title Map

2 EMERALD WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 EMERALD 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 EMERALD 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 EMERALD WAY?

2 EMERALD WAY is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 2 on EMERALD WAY.