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 WRIGHT CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £281,000 in June 2021, which was around 15% below the average June 2021 detached price in the North Warwickshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows six sales for 2 WRIGHT CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. All of the six 2 WRIGHT 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 |
---|---|---|---|
2021 4 JUN | £281,000 | £329,335 | 15% below HPI |
2012 5 SEP | £149,000 | £230,021 | 35% below HPI |
2005 20 MAY | £166,000 | £222,343 | 25% below HPI |
2002 20 SEP | £122,950 | £164,936 | 25% below HPI |
2000 17 NOV | £88,000 | £126,087 | 30% below HPI |
1995 31 JAN | £66,500 | £78,213 | 15% below HPI |
The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The six 2 WRIGHT CLOSE sales between January 1995 and June 2021 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 September 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
2 WRIGHT CLOSE is 68m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of detached houses in Kingsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsbury, and where 2 WRIGHT CLOSE lies on this distribution: 14% of detached houses are smaller than 2 WRIGHT CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Kingsbury.
2 WRIGHT CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 2 WRIGHT 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 WRIGHT 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.
2 WRIGHT CLOSE is located in KINGSBURY, in the B78 postcode district. The below map shows the position of No. 2 on WRIGHT CLOSE.