2A, MILL STREET, LEAMINGTON SPA, CV31 1ES - £276,180

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A MILL STREET is a very small extended detached house of 80m², built sometime before 1900, which could now be worth an estimated £363,901. It was last sold for £276,180 in September 2016, which was around 43% below the average September 2016 detached price in the Warwick local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2A MILL STREET Sold Prices

Land registry data shows five sales for 2A MILL STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the five 2A MILL STREET 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
2016 2 SEP	£276,180	£488,396	43% below HPI
2011 28 JUL	£202,500	£362,013	44% below HPI
2006 26 MAY	£180,000	£327,272	45% below HPI
2005 1 MAR	£150,000	£317,964	53% below HPI
2002 12 APR	£126,500	£230,664	45% below HPI

2A MILL STREET 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 five 2A MILL STREET sales between April 2002 and September 2016 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 July 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2016 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2A MILL STREET be worth now?

2A MILL STREET might now be worth an estimated £363,901.

This is based on house price inflation of 31.8%, between September 2016 and March 2025, 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 31.8% inflationary increase is applied to the most recent sale price for 2A MILL STREET of £276,180 on 2nd September 2016. For the value to have increased from £276,180 to £363,901 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 2A MILL STREET has moved in line with the HPI for detached houses in the Warwick local authority area.
• The September 2016 sale price of £276,180 represented a fair market value for the property.
• The size, condition, and specification of 2A MILL STREET has not materially changed since September 2016.

How Large is 2A MILL STREET?

2A MILL STREET is 80m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 2A MILL STREET lies on this distribution: 8% of detached houses houses are smaller than 2A MILL STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

2A MILL STREET: Plot and Title Map

2A MILL STREET sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 2A MILL STREET, 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 2A MILL STREET). 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 2A MILL STREET?

2A MILL STREET is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 2A on MILL STREET.