3, WITHY BANK, LEAMINGTON SPA, CV31 1AQ - £275,000

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 WITHY BANK is a very small detached house of 84m², built sometime from 2007 onwards. It was last sold for £275,000 in January 2018, which was around 47% below the average January 2018 detached price in the Warwick local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was B.

3 WITHY BANK Sold Prices

Land registry data shows four sales for 3 WITHY BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 3 WITHY BANK 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
2018 25 JAN	£275,000	£514,821	47% below HPI
2015 10 APR	£245,000	£429,175	43% below HPI
2010 17 JUN	£197,500	£347,828	43% below HPI
2007 8 OCT	£205,000	£367,589	44% below HPI

3 WITHY BANK 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 four 3 WITHY BANK sales between October 2007 and January 2018 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 April 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 3 WITHY BANK?

3 WITHY BANK is 84m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Leamington Spa, and where 3 WITHY BANK lies on this distribution: 10% of detached houses are smaller than 3 WITHY BANK, and 90% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

3 WITHY BANK: Plot and Title Map

3 WITHY BANK sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 3 WITHY BANK, 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 WITHY BANK). 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 WITHY BANK?

3 WITHY BANK is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 3 on WITHY BANK.