2, REDHILL WAY, WELLESBOURNE, WARWICK, CV35 9QN - £380,000

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 REDHILL WAY is a large detached house of 130m², which could now be worth an estimated £497,825. It was last sold for £380,000 in February 2017, which was around 18% below the average February 2017 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.

2 REDHILL WAY Sold Prices

Land registry data shows two sales for 2 REDHILL 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 Stratford-on-Avon local authority area for the corresponding sale date. Both of the two 2 REDHILL 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
2017 22 FEB	£380,000	£460,707	18% below HPI
2014 27 NOV	£374,995	£429,435	13% below HPI

2 REDHILL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two 2 REDHILL WAY sales from November 2014 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 REDHILL WAY be worth now?

2 REDHILL WAY might now be worth an estimated £497,825.

This is based on house price inflation of 31%, between February 2017 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 2 REDHILL WAY of £380,000 on 22nd February 2017. For the value to have increased from £380,000 to £497,825 over the eight years to February 2025, the following assumptions must hold true:

• The value of 2 REDHILL WAY has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The February 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDHILL WAY has not materially changed since February 2017.

How Large is 2 REDHILL WAY?

2 REDHILL WAY is 130m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses houses in Wellesbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellesbourne, and where 2 REDHILL WAY lies on this distribution: 69% of detached houses houses are smaller than 2 REDHILL WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Wellesbourne.

2 REDHILL WAY: Plot and Title Map

2 REDHILL WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 2 REDHILL 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 REDHILL 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 REDHILL WAY?

2 REDHILL WAY is located in WELLESBOURNE, in the CV35 postcode district. The below map shows the position of No. 2 on REDHILL WAY.