2, OTTERS REST, LEAMINGTON SPA, CV31 1AD - £250,000

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 OTTERS REST is a very small semi-detached house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £295,090. It was last sold for £250,000 in October 2020, which was around 22% below the average October 2020 semi-detached price in the Warwick 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 OTTERS REST Sold Prices

Land registry data shows four sales for 2 OTTERS REST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Warwick local authority area for the corresponding sale date. All of the four 2 OTTERS REST 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 30 OCT	£250,000	£320,925	22% below HPI
2006 1 MAR	£159,000	£190,068	16% below HPI
2004 30 JAN	£147,500	£167,646	12% below HPI
2002 27 JUN	£109,950	£133,468	18% below HPI

2 OTTERS REST Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Warwick local authority area over time, sourced from the HPI. The four 2 OTTERS REST sales between June 2002 and October 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 March 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 OTTERS REST be worth now?

2 OTTERS REST might now be worth an estimated £295,090.

This is based on house price inflation of 18%, between October 2020 and December 2024, for semi-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 18% inflationary increase is applied to the most recent sale price for 2 OTTERS REST of £250,000 on 30th October 2020. For the value to have increased from £250,000 to £295,090 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 OTTERS REST has moved in line with the HPI for semi-detached houses in the Warwick local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OTTERS REST has not materially changed since October 2020.

How Large is 2 OTTERS REST?

2 OTTERS REST is 64m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Leamington Spa, and where 2 OTTERS REST lies on this distribution: 3% of semi-detached houses houses are smaller than 2 OTTERS REST, and 97% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

2 OTTERS REST: Plot and Title Map

2 OTTERS REST sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 OTTERS REST, 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 OTTERS REST). 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 OTTERS REST?

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