3, SPRING CLOSE, KILSBY, RUGBY, CV23 8YZ - £242,500

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 SPRING CLOSE is a small detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £413,659. It was last sold for £242,500 in July 2013, which was around 13% below the average July 2013 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

3 SPRING CLOSE Sold Prices

Land registry data shows three sales for 3 SPRING 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 West Northamptonshire local authority area for the corresponding sale date. The three 3 SPRING CLOSE sales were a mix of below the average price, and roughly equal to 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 26 JUL	£242,500	£278,086	13% below HPI
2008 2 DEC	£245,000	£258,977	5% below HPI
2000 14 JAN	£134,000	£134,224	Close to HPI

3 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 3 SPRING CLOSE sales between January 2000 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 December 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 SPRING CLOSE be worth now?

3 SPRING CLOSE might now be worth an estimated £413,659.

This is based on house price inflation of 70.6%, between July 2013 and February 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.6% inflationary increase is applied to the most recent sale price for 3 SPRING CLOSE of £242,500 on 26th July 2013. For the value to have increased from £242,500 to £413,659 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 3 SPRING CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The July 2013 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING CLOSE has not materially changed since July 2013.

How Large is 3 SPRING CLOSE?

3 SPRING CLOSE is 117m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses houses in Kilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kilsby, and where 3 SPRING CLOSE lies on this distribution: 36% of detached houses houses are smaller than 3 SPRING CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Kilsby.

3 SPRING CLOSE: Plot and Title Map

3 SPRING CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 SPRING 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 SPRING 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 SPRING CLOSE?

3 SPRING CLOSE is located in KILSBY, in the CV23 postcode district. The below map shows the position of No. 3 on SPRING CLOSE.