48, SOUTHAM ROAD, RADFORD SEMELE, LEAMINGTON SPA, CV31 1TA - £270,000

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

48 SOUTHAM ROAD is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2003, which was around 3% below the average July 2003 detached price in the Warwick local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

48 SOUTHAM ROAD Sold Prices

Land registry data shows two sales for 48 SOUTHAM ROAD 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 48 SOUTHAM ROAD 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
2003 25 JUL	£270,000	£278,543	3% below HPI
1998 8 MAY	£145,000	£150,569	4% below HPI

48 SOUTHAM ROAD 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 48 SOUTHAM ROAD sales from May 1998 and July 2003 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 May 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2003 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 48 SOUTHAM ROAD?

48 SOUTHAM ROAD is 69m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Radford Semele, based on EPC data. The below chart shows the distribution of detached houses by size in Radford Semele, and where 48 SOUTHAM ROAD lies on this distribution: 3% of detached houses are smaller than 48 SOUTHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Radford Semele.

48 SOUTHAM ROAD: Plot and Title Map

48 SOUTHAM ROAD sits on a plot of roughly 0.115 of an acre, or 463m². The below map shows the location of 48 SOUTHAM ROAD, 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 48 SOUTHAM ROAD). 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 48 SOUTHAM ROAD?

48 SOUTHAM ROAD is located in RADFORD SEMELE, in the CV31 postcode district. The below map shows the position of No. 48 on SOUTHAM ROAD.