3, WELLAND CLOSE, LONG LAWFORD, RUGBY, CV23 9SX - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 WELLAND CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £230,000 in June 2019, which was around 39% below the average June 2019 detached price in the Rugby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 WELLAND CLOSE Sold Prices

Land registry data shows two sales for 3 WELLAND 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 Rugby local authority area for the corresponding sale date. Both of the two 3 WELLAND 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
2019 28 JUN	£230,000	£374,318	39% below HPI
2015 28 AUG	£187,000	£310,231	40% below HPI

3 WELLAND CLOSE 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 WELLAND CLOSE sales from August 2015 and June 2019 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 August 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 WELLAND CLOSE?

3 WELLAND CLOSE is 69m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Long Lawford, based on EPC data. The below chart shows the distribution of detached houses by size in Long Lawford, and where 3 WELLAND CLOSE lies on this distribution: 4% of detached houses are smaller than 3 WELLAND CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Long Lawford.

3 WELLAND CLOSE: Plot and Title Map

3 WELLAND CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 WELLAND 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 WELLAND 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 WELLAND CLOSE?

3 WELLAND CLOSE is located in LONG LAWFORD, in the CV23 postcode district. The below map shows the position of No. 3 on WELLAND CLOSE.