4, WATTS LANE, RUGBY, CV21 4PE - £640,000

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

4 WATTS LANE is a very large extended detached house of 175m², built sometime between 1900 and 1929. It was last sold for £640,000 in May 2022, which was around 43% above the average May 2022 detached price in the Rugby local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

4 WATTS LANE Sold Prices

Land registry data shows four sales for 4 WATTS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Most of the four 4 WATTS 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
2022 25 MAY	£640,000	£447,228	43% above HPI
2015 26 JUN	£412,000	£305,651	35% above HPI
2003 6 JUN	£225,000	£211,084	7% above HPI
2000 9 FEB	£92,000	£126,290	27% below HPI

4 WATTS LANE 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 four 4 WATTS LANE sales between February 2000 and May 2022 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 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 4 WATTS LANE?

4 WATTS LANE is 175m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 4 WATTS LANE lies on this distribution: 88% of detached houses are smaller than 4 WATTS LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Rugby.

4 WATTS LANE: Plot and Title Map

4 WATTS LANE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 4 WATTS 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 4 WATTS 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 4 WATTS LANE?

4 WATTS LANE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 4 on WATTS LANE.