22, SORREL DRIVE, RUGBY, CV23 0TL - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 SORREL DRIVE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2023, which was around 24% below the average July 2023 detached price in the Rugby local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

22 SORREL DRIVE Sold Prices

Land registry data shows three sales for 22 SORREL DRIVE 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 22 SORREL DRIVE 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
2023 31 JUL	£350,000	£462,124	24% below HPI
2006 11 AUG	£215,000	£262,324	18% below HPI
2004 6 AUG	£185,000	£235,382	21% below HPI

22 SORREL DRIVE 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 22 SORREL DRIVE sales between August 2004 and July 2023 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 August 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 22 SORREL DRIVE?

22 SORREL DRIVE is 93m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 22 SORREL DRIVE lies on this distribution: 25% of detached houses are smaller than 22 SORREL DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rugby.

22 SORREL DRIVE: Plot and Title Map

22 SORREL DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 22 SORREL DRIVE, 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 22 SORREL DRIVE). 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 22 SORREL DRIVE?

22 SORREL DRIVE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 22 on SORREL DRIVE.