2, SMITHHILL PLACE, RUGBY, CV23 0JF - £349,950

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 SMITHHILL PLACE is a large detached house of 130m². It was last sold for £349,950 in August 2019, which was around 3% below the average August 2019 detached price in the Rugby local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.

2 SMITHHILL PLACE Sold Prices

Land registry data shows two sales for 2 SMITHHILL PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. One of the two 2 SMITHHILL PLACE sales was for below the average price, whilst the other was for above 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
2019 30 AUG	£349,950	£361,682	3% below HPI
2011 25 MAR	£262,995	£244,059	8% above HPI

2 SMITHHILL PLACE 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 two 2 SMITHHILL PLACE sales from March 2011 and August 2019 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 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 SMITHHILL PLACE be worth now?

2 SMITHHILL PLACE might now be worth an estimated £439,389.

This is based on house price inflation of 25.6%, between August 2019 and December 2024, 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 25.6% inflationary increase is applied to the most recent sale price for 2 SMITHHILL PLACE of £349,950 on 30th August 2019. For the value to have increased from £349,950 to £439,389 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 SMITHHILL PLACE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The August 2019 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITHHILL PLACE has not materially changed since August 2019.

How Large is 2 SMITHHILL PLACE?

2 SMITHHILL PLACE is 130m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% 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 SMITHHILL PLACE lies on this distribution: 66% of detached houses houses are smaller than 2 SMITHHILL PLACE, and 34% of houses are larger. Note that EPC data is not available for all properties in Rugby.

2 SMITHHILL PLACE: Plot and Title Map

2 SMITHHILL PLACE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 SMITHHILL PLACE, 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 SMITHHILL PLACE). 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 SMITHHILL PLACE?

2 SMITHHILL PLACE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 2 on SMITHHILL PLACE.