3, PERMIAN CLOSE, RUGBY, CV21 1XE - £108,000

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 PERMIAN CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £236,081. It was last sold for £108,000 in December 2003, which was around 48% below the average December 2003 detached price in the Rugby local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

3 PERMIAN CLOSE Sold Prices

Land registry data shows two sales for 3 PERMIAN 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 3 PERMIAN 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
2003 5 DEC	£108,000	£207,746	48% below HPI
1998 4 DEC	£57,450	£110,474	48% below HPI

3 PERMIAN 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 3 PERMIAN CLOSE sales from December 1998 and December 2003 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 December 1998 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2003 sale, which was also at 48% below the HPI.

What might 3 PERMIAN CLOSE be worth now?

3 PERMIAN CLOSE might now be worth an estimated £236,081.

This is based on house price inflation of 118.6%, between December 2003 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 118.6% inflationary increase is applied to the most recent sale price for 3 PERMIAN CLOSE of £108,000 on 5th December 2003. For the value to have increased from £108,000 to £236,081 over the 21 years to December 2024, the following assumptions must hold true:

• The value of 3 PERMIAN CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The December 2003 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PERMIAN CLOSE has not materially changed since December 2003.

How Large is 3 PERMIAN CLOSE?

3 PERMIAN CLOSE is 55m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 PERMIAN CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 PERMIAN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Rugby.

3 PERMIAN CLOSE: Plot and Title Map

3 PERMIAN CLOSE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 3 PERMIAN 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 PERMIAN 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 PERMIAN CLOSE?

3 PERMIAN CLOSE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 3 on PERMIAN CLOSE.