2, HOLLY RISE, POLESWORTH, TAMWORTH, B78 1ES - £249,950

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 HOLLY RISE is a small detached house of 82m², which could now be worth an estimated £294,001. It was last sold for £249,950 in August 2019, which was around 27% below the average August 2019 detached price in the North Warwickshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

2 HOLLY RISE Sold Prices

Land registry data shows two sales for 2 HOLLY RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. Both of the two 2 HOLLY RISE 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
2019 22 AUG	£249,950	£342,119	27% below HPI
2018 10 MAY	£138,000	£334,466	59% below HPI

2 HOLLY RISE 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 two 2 HOLLY RISE sales from May 2018 and August 2019 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 2018 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 HOLLY RISE be worth now?

2 HOLLY RISE might now be worth an estimated £294,001.

This is based on house price inflation of 17.6%, between August 2019 and February 2025, for detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 2 HOLLY RISE of £249,950 on 22nd August 2019. For the value to have increased from £249,950 to £294,001 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 2 HOLLY RISE has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The August 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLY RISE has not materially changed since August 2019.

How Large is 2 HOLLY RISE?

2 HOLLY RISE is 82m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses houses in Polesworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polesworth, and where 2 HOLLY RISE lies on this distribution: 23% of detached houses houses are smaller than 2 HOLLY RISE, and 77% of houses are larger. Note that EPC data is not available for all properties in Polesworth.

2 HOLLY RISE: Plot and Title Map

2 HOLLY RISE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 HOLLY RISE, 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 HOLLY RISE). 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 HOLLY RISE?

2 HOLLY RISE is located in POLESWORTH, in the B78 postcode district. The below map shows the position of No. 2 on HOLLY RISE.