3, TWO PIKE LEYS, RUGBY, CV23 0GS - £332,500

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 TWO PIKE LEYS is a very large detached house of 203m², built sometime from 2007 onwards, which could now be worth an estimated £574,102. It was last sold for £332,500 in May 2014, which was around 20% above the average May 2014 detached price in the Rugby local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

3 TWO PIKE LEYS Sold Prices

Land registry data shows two sales for 3 TWO PIKE LEYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 3 TWO PIKE LEYS 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
2014 21 MAY	£332,500	£276,357	20% above HPI
2009 24 SEP	£320,000	£230,763	39% above HPI

3 TWO PIKE LEYS 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 two 3 TWO PIKE LEYS sales from September 2009 and May 2014 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 September 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 3 TWO PIKE LEYS be worth now?

3 TWO PIKE LEYS might now be worth an estimated £574,102.

This is based on house price inflation of 72.7%, between May 2014 and February 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 72.7% inflationary increase is applied to the most recent sale price for 3 TWO PIKE LEYS of £332,500 on 21st May 2014. For the value to have increased from £332,500 to £574,102 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 TWO PIKE LEYS has moved in line with the HPI for detached houses in the Rugby local authority area.
• The May 2014 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 3 TWO PIKE LEYS has not materially changed since May 2014.

How Large is 3 TWO PIKE LEYS?

3 TWO PIKE LEYS is 203m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% 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 TWO PIKE LEYS lies on this distribution: 94% of detached houses houses are smaller than 3 TWO PIKE LEYS, and 6% of houses are larger. Note that EPC data is not available for all properties in Rugby.

3 TWO PIKE LEYS: Plot and Title Map

3 TWO PIKE LEYS sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 3 TWO PIKE LEYS, 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 TWO PIKE LEYS). 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 TWO PIKE LEYS?

3 TWO PIKE LEYS is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 3 on TWO PIKE LEYS.