32, CHESTNUT SQUARE, LEAMINGTON SPA, CV32 7UW - £265,000

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.

32 CHESTNUT SQUARE is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £296,711. It was last sold for £265,000 in October 2021, which was around 54% below the average October 2021 detached price in the Warwick local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

32 CHESTNUT SQUARE Sold Prices

Land registry data shows five sales for 32 CHESTNUT SQUARE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the five 32 CHESTNUT SQUARE 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
2021 1 OCT	£265,000	£572,881	54% below HPI
2008 27 JUN	£179,000	£361,381	50% below HPI
2000 28 MAR	£92,500	£184,905	50% below HPI
1999 10 DEC	£90,000	£176,593	49% below HPI
1997 27 MAR	£61,450	£125,765	51% below HPI

32 CHESTNUT SQUARE 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 five 32 CHESTNUT SQUARE sales between March 1997 and October 2021 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 2008 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 32 CHESTNUT SQUARE be worth now?

32 CHESTNUT SQUARE might now be worth an estimated £296,711.

This is based on house price inflation of 12%, between October 2021 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12% inflationary increase is applied to the most recent sale price for 32 CHESTNUT SQUARE of £265,000 on 1st October 2021. For the value to have increased from £265,000 to £296,711 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 32 CHESTNUT SQUARE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The October 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 32 CHESTNUT SQUARE has not materially changed since October 2021.

How Large is 32 CHESTNUT SQUARE?

32 CHESTNUT SQUARE is 66m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 10% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 32 CHESTNUT SQUARE lies on this distribution: 3% of detached houses houses are smaller than 32 CHESTNUT SQUARE, and 97% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

32 CHESTNUT SQUARE: Plot and Title Map

32 CHESTNUT SQUARE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 32 CHESTNUT SQUARE, 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 32 CHESTNUT SQUARE). 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 32 CHESTNUT SQUARE?

32 CHESTNUT SQUARE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 32 on CHESTNUT SQUARE.