47, SPRING LANE, KENILWORTH, CV8 2HD - £231,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 SPRING LANE is a small extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £231,000 in August 2013, which was around 39% below the average August 2013 detached price in the Warwick local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

47 SPRING LANE Sold Prices

Land registry data shows two sales for 47 SPRING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 47 SPRING LANE 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
2013 30 AUG	£231,000	£377,643	39% below HPI
1998 31 MAR	£77,000	£146,679	48% below HPI

47 SPRING 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 two 47 SPRING LANE sales from March 1998 and August 2013 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 March 1998 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2013 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 47 SPRING LANE?

47 SPRING LANE is 110m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses by size in Kenilworth, and where 47 SPRING LANE lies on this distribution: 30% of detached houses are smaller than 47 SPRING LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

47 SPRING LANE: Plot and Title Map

47 SPRING LANE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 47 SPRING 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 47 SPRING 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 47 SPRING LANE?

47 SPRING LANE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 47 on SPRING LANE.