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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 EMERALD WAY is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £363,641. It was last sold for £208,000 in August 2011, which was around 43% 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	£362,894	43% below HPI
2002 8 FEB	£148,000	£221,547	33% below HPI
1996 24 MAY	£84,500	£116,480	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 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 EMERALD WAY be worth now?

2 EMERALD WAY might now be worth an estimated £363,641.

This is based on house price inflation of 74.8%, between August 2011 and December 2024, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.8% inflationary increase is applied to the most recent sale price for 2 EMERALD WAY of £208,000 on 26th August 2011. For the value to have increased from £208,000 to £363,641 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 EMERALD WAY has moved in line with the HPI for detached houses in the Warwick local authority area.
• The August 2011 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EMERALD WAY has not materially changed since August 2011.

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 houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 2 EMERALD WAY lies on this distribution: 3% of detached houses 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.