22, SPELLOW CLOSE, RUGBY, CV23 0GT - £198,000

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 SPELLOW CLOSE is a large detached house of 136m², built sometime from 2007 onwards. It was last sold for £198,000 in January 2015, which was around 32% below the average January 2015 detached price in the Rugby local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

22 SPELLOW CLOSE Sold Prices

Land registry data shows two sales for 22 SPELLOW CLOSE 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. Both of the two 22 SPELLOW 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
2015 30 JAN	£198,000	£289,818	32% below HPI
2007 14 SEP	£209,950	£274,038	23% below HPI

22 SPELLOW CLOSE 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 22 SPELLOW CLOSE sales from September 2007 and January 2015 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 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 22 SPELLOW CLOSE?

22 SPELLOW CLOSE is 136m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 SPELLOW CLOSE lies on this distribution: 71% of detached houses are smaller than 22 SPELLOW CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Rugby.

22 SPELLOW CLOSE: Plot and Title Map

22 SPELLOW CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 22 SPELLOW 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 22 SPELLOW 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 22 SPELLOW CLOSE?

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