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
31 THE FORDWAY is a small extended detached house of 116m², built sometime between 2003 and 2006. It was last sold for £415,000 in January 2023, which was around 27% below the average January 2023 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 31 THE FORDWAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the four 31 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 |
---|---|---|---|
2023 16 JAN | £415,000 | £566,352 | 27% below HPI |
2012 8 JUN | £238,000 | £367,618 | 35% below HPI |
2010 29 OCT | £240,000 | £361,942 | 34% below HPI |
2004 28 MAY | £240,000 | £306,107 | 22% 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 four 31 THE FORDWAY sales between May 2004 and January 2023 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 June 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
31 THE FORDWAY is 116m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% 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 31 THE FORDWAY lies on this distribution: 39% of detached houses are smaller than 31 THE FORDWAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Lower Quinton.
31 THE FORDWAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 31 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 31 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.
31 THE FORDWAY is located in LOWER QUINTON, in the CV37 postcode district. The below map shows the position of No. 31 on THE FORDWAY.