38, LEICESTER LANE, LEAMINGTON SPA, CV32 7HF - £796,000

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.

38 LEICESTER LANE is a very large extended detached house of 210m², built sometime between 1930 and 1949, which could now be worth an estimated £919,724. It was last sold for £796,000 in February 2021, which was around 43% above the average February 2021 detached price in the Warwick local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

38 LEICESTER LANE Sold Prices

Land registry data shows three sales for 38 LEICESTER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 38 LEICESTER LANE 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
2021 1 FEB	£796,000	£555,147	43% above HPI
2015 29 JUN	£696,500	£446,887	56% above HPI
2006 6 JUL	£441,950	£334,220	32% above HPI

38 LEICESTER LANE 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 three 38 LEICESTER LANE sales between July 2006 and February 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 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 38 LEICESTER LANE be worth now?

38 LEICESTER LANE might now be worth an estimated £919,724.

This is based on house price inflation of 15.5%, between February 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 15.5% inflationary increase is applied to the most recent sale price for 38 LEICESTER LANE of £796,000 on 1st February 2021. For the value to have increased from £796,000 to £919,724 over the four years to February 2025, the following assumptions must hold true:

• The value of 38 LEICESTER LANE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The February 2021 sale price of £796,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LEICESTER LANE has not materially changed since February 2021.

How Large is 38 LEICESTER LANE?

38 LEICESTER LANE is 210m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 20% 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 38 LEICESTER LANE lies on this distribution: 85% of detached houses houses are smaller than 38 LEICESTER LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

38 LEICESTER LANE: Plot and Title Map

38 LEICESTER LANE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 38 LEICESTER LANE, 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 38 LEICESTER LANE). 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 38 LEICESTER LANE?

38 LEICESTER LANE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 38 on LEICESTER LANE.