2, THREE CORNERED CLOSE, CUBBINGTON, LEAMINGTON SPA, CV32 7XJ - £225,000

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 THREE CORNERED CLOSE is a very small extended detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £357,276. It was last sold for £225,000 in December 2013, which was around 44% below the average December 2013 detached price in the Warwick local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2 THREE CORNERED CLOSE Sold Prices

Land registry data shows four sales for 2 THREE CORNERED CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 2 THREE CORNERED 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
2013 12 DEC	£225,000	£399,547	44% below HPI
2008 5 DEC	£175,000	£299,427	42% below HPI
2007 23 MAR	£200,000	£354,593	44% below HPI
1996 12 AUG	£83,000	£122,775	32% below HPI

2 THREE CORNERED CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 2 THREE CORNERED CLOSE sales between August 1996 and December 2013 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 December 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2013 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 THREE CORNERED CLOSE be worth now?

2 THREE CORNERED CLOSE might now be worth an estimated £357,276.

This is based on house price inflation of 58.8%, between December 2013 and December 2024, for 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 58.8% inflationary increase is applied to the most recent sale price for 2 THREE CORNERED CLOSE of £225,000 on 12th December 2013. For the value to have increased from £225,000 to £357,276 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 2 THREE CORNERED CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The December 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THREE CORNERED CLOSE has not materially changed since December 2013.

How Large is 2 THREE CORNERED CLOSE?

2 THREE CORNERED CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses houses in Cubbington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cubbington, and where 2 THREE CORNERED CLOSE lies on this distribution: 8% of detached houses houses are smaller than 2 THREE CORNERED CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cubbington.

2 THREE CORNERED CLOSE: Plot and Title Map

2 THREE CORNERED CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 2 THREE CORNERED 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 THREE CORNERED 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 THREE CORNERED CLOSE?

2 THREE CORNERED CLOSE is located in CUBBINGTON, in the CV32 postcode district. The below map shows the position of No. 2 on THREE CORNERED CLOSE.