2, LILAC DRIVE, RUGBY, CV22 7TP - £202,000

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 LILAC DRIVE is a very small extended detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £257,028. It was last sold for £202,000 in September 2020, which was around 46% below the average September 2020 detached price in the Rugby local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

2 LILAC DRIVE Sold Prices

Land registry data shows four sales for 2 LILAC 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 Rugby local authority area for the corresponding sale date. All of the four 2 LILAC 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
2020 21 SEP	£202,000	£377,356	46% below HPI
2007 29 MAY	£157,000	£259,518	40% below HPI
2000 28 NOV	£76,500	£142,367	46% below HPI
1995 1 MAY	£45,000	£87,862	49% below HPI

2 LILAC DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The four 2 LILAC DRIVE sales between May 1995 and September 2020 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 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 LILAC DRIVE be worth now?

2 LILAC DRIVE might now be worth an estimated £257,028.

This is based on house price inflation of 27.2%, between September 2020 and March 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for 2 LILAC DRIVE of £202,000 on 21st September 2020. For the value to have increased from £202,000 to £257,028 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 2 LILAC DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The September 2020 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LILAC DRIVE has not materially changed since September 2020.

How Large is 2 LILAC DRIVE?

2 LILAC DRIVE is 66m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 2 LILAC DRIVE lies on this distribution: 3% of detached houses houses are smaller than 2 LILAC DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rugby.

2 LILAC DRIVE: Plot and Title Map

2 LILAC DRIVE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 2 LILAC 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 LILAC 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 LILAC DRIVE?

2 LILAC DRIVE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 2 on LILAC DRIVE.