3, STEPHENSON CLOSE, LEAMINGTON SPA, CV32 6BS - £280,000

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 STEPHENSON CLOSE is a very small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £506,964. It was last sold for £280,000 in April 2007, which was around 21% below the average April 2007 detached price in the Warwick local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

3 STEPHENSON CLOSE Sold Prices

Land registry data shows two sales for 3 STEPHENSON 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 Warwick local authority area for the corresponding sale date. Both of the two 3 STEPHENSON 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
2007 26 APR	£280,000	£354,269	21% below HPI
1999 12 NOV	£157,000	£177,941	12% below HPI

3 STEPHENSON CLOSE 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 two 3 STEPHENSON CLOSE sales from November 1999 and April 2007 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 November 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2007 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 STEPHENSON CLOSE be worth now?

3 STEPHENSON CLOSE might now be worth an estimated £506,964.

This is based on house price inflation of 81.1%, between April 2007 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 81.1% inflationary increase is applied to the most recent sale price for 3 STEPHENSON CLOSE of £280,000 on 26th April 2007. For the value to have increased from £280,000 to £506,964 over the eighteen years and two months to February 2025, the following assumptions must hold true:

• The value of 3 STEPHENSON CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The April 2007 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STEPHENSON CLOSE has not materially changed since April 2007.

How Large is 3 STEPHENSON CLOSE?

3 STEPHENSON CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 STEPHENSON CLOSE lies on this distribution: 18% of detached houses houses are smaller than 3 STEPHENSON CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

3 STEPHENSON CLOSE: Plot and Title Map

3 STEPHENSON CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 STEPHENSON 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 STEPHENSON 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 STEPHENSON CLOSE?

3 STEPHENSON CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 3 on STEPHENSON CLOSE.