3, PARK FARM CLOSE, BILTON, RUGBY, CV22 7BB - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PARK FARM CLOSE is a midsized detached house of 109m², built sometime between 2007 and 2011, which could now be worth an estimated £345,563. It was last sold for £340,000 in February 2024, which was around 24% below the average February 2024 detached price in the Rugby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

3 PARK FARM CLOSE Sold Prices

Land registry data shows three sales for 3 PARK FARM CLOSE 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. Two of the three 3 PARK FARM CLOSE sales were for below the average price, whilst one was 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
2024 2 FEB	£340,000	£446,808	24% below HPI
2013 20 SEP	£220,000	£264,107	17% below HPI
2001 27 JUL	£157,950	£149,679	6% above HPI

3 PARK FARM 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 three 3 PARK FARM CLOSE sales between July 2001 and February 2024 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 PARK FARM CLOSE be worth now?

3 PARK FARM CLOSE might now be worth an estimated £345,563.

This is based on house price inflation of 1.6%, between February 2024 and December 2024, 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 1.6% inflationary increase is applied to the most recent sale price for 3 PARK FARM CLOSE of £340,000 on 2nd February 2024. For the value to have increased from £340,000 to £345,563 over the two months to December 2024, the following assumptions must hold true:

• The value of 3 PARK FARM CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The February 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARK FARM CLOSE has not materially changed since February 2024.

How Large is 3 PARK FARM CLOSE?

3 PARK FARM CLOSE is 109m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% 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 PARK FARM CLOSE lies on this distribution: 43% of detached houses houses are smaller than 3 PARK FARM CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Rugby.

3 PARK FARM CLOSE: Plot and Title Map

3 PARK FARM CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 3 PARK FARM 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 3 PARK FARM 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 3 PARK FARM CLOSE?

3 PARK FARM CLOSE is located in BILTON, in the CV22 postcode district. The below map shows the position of No. 3 on PARK FARM CLOSE.