3, RED LODGE DRIVE, RUGBY, CV22 7TT - £305,000

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 RED LODGE DRIVE is a very large detached house of 176m², built sometime between 1991 and 1995, which could now be worth an estimated £575,965. It was last sold for £305,000 in July 2013, which was around 20% above the average July 2013 detached price in the Rugby local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 RED LODGE DRIVE Sold Prices

Land registry data shows three sales for 3 RED LODGE DRIVE 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. All of the three 3 RED LODGE DRIVE 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
2013 10 JUL	£305,000	£254,263	20% above HPI
1997 23 MAY	£135,000	£94,826	42% above HPI
1996 14 JUN	£100,000	£83,804	19% above HPI

3 RED LODGE DRIVE 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 RED LODGE DRIVE sales between June 1996 and July 2013 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 May 1997 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2013 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 3 RED LODGE DRIVE be worth now?

3 RED LODGE DRIVE might now be worth an estimated £575,965.

This is based on house price inflation of 88.8%, between July 2013 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 88.8% inflationary increase is applied to the most recent sale price for 3 RED LODGE DRIVE of £305,000 on 10th July 2013. For the value to have increased from £305,000 to £575,965 over the twelve years and four months to March 2025, the following assumptions must hold true:

• The value of 3 RED LODGE DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The July 2013 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RED LODGE DRIVE has not materially changed since July 2013.

How Large is 3 RED LODGE DRIVE?

3 RED LODGE DRIVE is 176m² according to the EPC inspection conducted in April 2011. This puts it in the largest 20% 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 RED LODGE DRIVE lies on this distribution: 88% of detached houses houses are smaller than 3 RED LODGE DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Rugby.

3 RED LODGE DRIVE: Plot and Title Map

3 RED LODGE DRIVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 3 RED LODGE DRIVE, 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 RED LODGE DRIVE). 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 RED LODGE DRIVE?

3 RED LODGE DRIVE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 3 on RED LODGE DRIVE.