2, LANCASTER WAY, WHITNASH, LEAMINGTON SPA, CV31 2BF - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LANCASTER WAY is a small detached house of 91m². It was last sold for £405,000 in June 2022, which was around 32% below the average June 2022 detached price in the Warwick local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

2 LANCASTER WAY Sold Prices

Land registry data shows two sales for 2 LANCASTER WAY 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 LANCASTER 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
2022 30 JUN	£405,000	£592,623	32% below HPI
2016 29 APR	£328,995	£469,192	30% below HPI

2 LANCASTER 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 two 2 LANCASTER WAY sales from April 2016 and June 2022 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 April 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 LANCASTER WAY?

2 LANCASTER WAY is 91m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Whitnash, based on EPC data. The below chart shows the distribution of detached houses by size in Whitnash, and where 2 LANCASTER WAY lies on this distribution: 28% of detached houses are smaller than 2 LANCASTER WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Whitnash.

2 LANCASTER WAY: Plot and Title Map

2 LANCASTER WAY sits on a plot of roughly 15.2 acres, or 61,474m². The below map shows the location of 2 LANCASTER 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 LANCASTER 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 LANCASTER WAY?

2 LANCASTER WAY is located in WHITNASH, in the CV31 postcode district. The below map shows the position of No. 2 on LANCASTER WAY.