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
3 MILL POND MEADOWS is a very small detached house of 93m², built sometime between 2007 and 2011. It was last sold for £355,000 in October 2021, which was around 38% below the average October 2021 detached price in the Warwick local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 MILL POND MEADOWS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 3 MILL POND MEADOWS 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 29 OCT | £355,000 | £570,580 | 38% below HPI |
2016 7 MAR | £280,000 | £470,677 | 41% below HPI |
2009 21 AUG | £220,000 | £326,330 | 33% below HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 3 MILL POND MEADOWS sales between August 2009 and October 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 March 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
3 MILL POND MEADOWS is 93m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Leamington Spa, and where 3 MILL POND MEADOWS lies on this distribution: 15% of detached houses are smaller than 3 MILL POND MEADOWS, and 84% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.
3 MILL POND MEADOWS sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 3 MILL POND MEADOWS, 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 MILL POND MEADOWS). 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.
3 MILL POND MEADOWS is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 3 on MILL POND MEADOWS.