3, BALFOUR PLACE, RUGBY, CV22 5EF - £590,000

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.

3 BALFOUR PLACE is a very large detached house of 215m², built sometime between 2007 and 2011, which could now be worth an estimated £622,249. It was last sold for £590,000 in November 2022, which was around 30% above the average November 2022 detached price in the Rugby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

3 BALFOUR PLACE Sold Prices

Land registry data shows four sales for 3 BALFOUR PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the four 3 BALFOUR PLACE sales were for above 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
2022 21 NOV	£590,000	£455,268	30% above HPI
2013 15 FEB	£340,000	£243,755	39% above HPI
2010 7 MAY	£360,000	£245,893	46% above HPI
2008 27 JUN	£370,000	£267,642	38% above HPI

3 BALFOUR PLACE 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 four 3 BALFOUR PLACE sales between June 2008 and November 2022 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 February 2013 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 3 BALFOUR PLACE be worth now?

3 BALFOUR PLACE might now be worth an estimated £622,249.

This is based on house price inflation of 5.5%, between November 2022 and March 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 3 BALFOUR PLACE of £590,000 on 21st November 2022. For the value to have increased from £590,000 to £622,249 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 3 BALFOUR PLACE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The November 2022 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BALFOUR PLACE has not materially changed since November 2022.

How Large is 3 BALFOUR PLACE?

3 BALFOUR PLACE is 215m² according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 3 BALFOUR PLACE lies on this distribution: 95% of detached houses houses are smaller than 3 BALFOUR PLACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Rugby.

3 BALFOUR PLACE: Plot and Title Map

3 BALFOUR PLACE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 BALFOUR PLACE, 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 3 BALFOUR PLACE). 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 3 BALFOUR PLACE?

3 BALFOUR PLACE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 3 on BALFOUR PLACE.