3, SAPPHIRE DRIVE, LEAMINGTON SPA, CV31 3LB - £375,000

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 SAPPHIRE DRIVE is a very small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £445,482. It was last sold for £375,000 in November 2018, which was around 31% below the average November 2018 detached price in the Warwick local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

3 SAPPHIRE DRIVE Sold Prices

Land registry data shows three sales for 3 SAPPHIRE 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 Warwick local authority area for the corresponding sale date. All of the three 3 SAPPHIRE DRIVE 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
2018 16 NOV	£375,000	£539,950	31% below HPI
1999 15 DEC	£124,750	£176,593	29% below HPI
1996 26 JUL	£104,000	£121,024	14% below HPI

3 SAPPHIRE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 3 SAPPHIRE DRIVE sales between July 1996 and November 2018 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 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 SAPPHIRE DRIVE be worth now?

3 SAPPHIRE DRIVE might now be worth an estimated £445,482.

This is based on house price inflation of 18.8%, between November 2018 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 3 SAPPHIRE DRIVE of £375,000 on 16th November 2018. For the value to have increased from £375,000 to £445,482 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 SAPPHIRE DRIVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The November 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SAPPHIRE DRIVE has not materially changed since November 2018.

How Large is 3 SAPPHIRE DRIVE?

3 SAPPHIRE DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 3 SAPPHIRE DRIVE lies on this distribution: 15% of detached houses houses are smaller than 3 SAPPHIRE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

3 SAPPHIRE DRIVE: Plot and Title Map

3 SAPPHIRE DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 SAPPHIRE 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 SAPPHIRE 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 SAPPHIRE DRIVE?

3 SAPPHIRE DRIVE is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 3 on SAPPHIRE DRIVE.