2, PERMIAN CLOSE, RUGBY, CV21 1XE - £238,000

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 PERMIAN CLOSE is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £238,000 in February 2017, which was around 30% below the average February 2017 detached price in the Rugby local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 PERMIAN CLOSE Sold Prices

Land registry data shows three sales for 2 PERMIAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 2 PERMIAN CLOSE 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
2017 13 FEB	£238,000	£339,493	30% below HPI
2005 24 NOV	£182,000	£252,192	28% below HPI
1998 2 OCT	£84,500	£115,462	27% below HPI

2 PERMIAN CLOSE 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 three 2 PERMIAN CLOSE sales between October 1998 and February 2017 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 November 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 PERMIAN CLOSE?

2 PERMIAN CLOSE is 102m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 2 PERMIAN CLOSE lies on this distribution: 36% of detached houses are smaller than 2 PERMIAN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Rugby.

2 PERMIAN CLOSE: Plot and Title Map

2 PERMIAN CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 2 PERMIAN CLOSE, 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 PERMIAN CLOSE). 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 PERMIAN CLOSE?

2 PERMIAN CLOSE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 2 on PERMIAN CLOSE.