Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 THE FORDWAY is a very small semi-detached house of 71m², built sometime between 2007 and 2011. It was last sold for £250,000 in April 2022, which was around 52% below the average April 2022 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 THE FORDWAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the three 3 THE FORDWAY 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 |
---|---|---|---|
2022 29 APR | £250,000 | £518,042 | 52% below HPI |
2014 24 JAN | £195,000 | £399,896 | 51% below HPI |
2004 26 NOV | £175,000 | £328,216 | 47% below HPI |
The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The three 3 THE FORDWAY sales between November 2004 and April 2022 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 January 2014 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
3 THE FORDWAY is 71m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Lower Quinton, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Quinton, and where 3 THE FORDWAY lies on this distribution: 3% of detached houses are smaller than 3 THE FORDWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Lower Quinton.
3 THE FORDWAY sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 3 THE FORDWAY, 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 THE FORDWAY). 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.
3 THE FORDWAY is located in LOWER QUINTON, in the CV37 postcode district. The below map shows the position of No. 3 on THE FORDWAY.