38, TEESWATER CLOSE, LONG LAWFORD, RUGBY, CV23 9GB - £322,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 TEESWATER CLOSE is a midsized extended detached house of 108m², built sometime from 2012 onwards, which could now be worth an estimated £339,570. It was last sold for £322,000 in December 2024, which was around 29% below the average December 2024 detached price in the Rugby local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

38 TEESWATER CLOSE Sold Prices

Land registry data shows three sales for 38 TEESWATER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 38 TEESWATER 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
2024 6 DEC	£322,000	£452,475	29% below HPI
2016 5 OCT	£255,500	£337,222	24% below HPI
2012 26 SEP	£209,950	£251,926	17% below HPI

38 TEESWATER 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 three 38 TEESWATER CLOSE sales between September 2012 and December 2024 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 October 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 38 TEESWATER CLOSE be worth now?

38 TEESWATER CLOSE might now be worth an estimated £339,570.

This is based on house price inflation of 5.5%, between December 2024 and February 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for 38 TEESWATER CLOSE of £322,000 on 6th December 2024. For the value to have increased from £322,000 to £339,570 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 38 TEESWATER CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The December 2024 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 38 TEESWATER CLOSE has not materially changed since December 2024.

How Large is 38 TEESWATER CLOSE?

38 TEESWATER CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 50% of detached houses houses in Long Lawford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Lawford, and where 38 TEESWATER CLOSE lies on this distribution: 49% of detached houses houses are smaller than 38 TEESWATER CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Long Lawford.

38 TEESWATER CLOSE: Plot and Title Map

38 TEESWATER CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 38 TEESWATER 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 38 TEESWATER 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 38 TEESWATER CLOSE?

38 TEESWATER CLOSE is located in LONG LAWFORD, in the CV23 postcode district. The below map shows the position of No. 38 on TEESWATER CLOSE.