40, ELDER AVENUE, RUGBY, CV21 1TE - £291,500

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.

40 ELDER AVENUE is a small detached house of 91m², which could now be worth an estimated £355,875. It was last sold for £291,500 in March 2021, which was around 25% below the average March 2021 detached price in the Rugby local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

40 ELDER AVENUE Sold Prices

Land registry data shows two sales for 40 ELDER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 40 ELDER AVENUE 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 29 MAR	£291,500	£390,849	25% below HPI
2014 30 SEP	£222,500	£281,544	21% below HPI

40 ELDER AVENUE 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 two 40 ELDER AVENUE sales from September 2014 and March 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 September 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 40 ELDER AVENUE be worth now?

40 ELDER AVENUE might now be worth an estimated £355,875.

This is based on house price inflation of 22.1%, between March 2021 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 22.1% inflationary increase is applied to the most recent sale price for 40 ELDER AVENUE of £291,500 on 29th March 2021. For the value to have increased from £291,500 to £355,875 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 40 ELDER AVENUE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The March 2021 sale price of £291,500 represented a fair market value for the property.
• The size, condition, and specification of 40 ELDER AVENUE has not materially changed since March 2021.

How Large is 40 ELDER AVENUE?

40 ELDER AVENUE is 91m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 40 ELDER AVENUE lies on this distribution: 22% of detached houses houses are smaller than 40 ELDER AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Rugby.

40 ELDER AVENUE: Plot and Title Map

40 ELDER AVENUE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 40 ELDER AVENUE, 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 40 ELDER AVENUE). 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 40 ELDER AVENUE?

40 ELDER AVENUE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 40 on ELDER AVENUE.