5, RAFFLES PLACE, LONG LAWFORD, RUGBY, CV23 9DY - £400,000

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.

5 RAFFLES PLACE is a very large detached house of 158m², built sometime between 2003 and 2006, which could now be worth an estimated £426,719. It was last sold for £400,000 in August 2022, which was around 11% below the average August 2022 detached price in the Rugby local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 RAFFLES PLACE Sold Prices

Land registry data shows two sales for 5 RAFFLES PLACE 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. One of the two 5 RAFFLES PLACE sales was for below the average price, whilst the other was 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 19 AUG	£400,000	£447,286	11% below HPI
2006 26 JUL	£269,950	£256,230	5% above HPI

5 RAFFLES PLACE 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 5 RAFFLES PLACE sales from July 2006 and August 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 July 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 RAFFLES PLACE be worth now?

5 RAFFLES PLACE might now be worth an estimated £426,719.

This is based on house price inflation of 6.7%, between August 2022 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 6.7% inflationary increase is applied to the most recent sale price for 5 RAFFLES PLACE of £400,000 on 19th August 2022. For the value to have increased from £400,000 to £426,719 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 RAFFLES PLACE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The August 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RAFFLES PLACE has not materially changed since August 2022.

How Large is 5 RAFFLES PLACE?

5 RAFFLES PLACE is 158m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 5 RAFFLES PLACE lies on this distribution: 90% of detached houses houses are smaller than 5 RAFFLES PLACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Long Lawford.

5 RAFFLES PLACE: Plot and Title Map

5 RAFFLES PLACE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 5 RAFFLES PLACE, 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 5 RAFFLES PLACE). 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 5 RAFFLES PLACE?

5 RAFFLES PLACE is located in LONG LAWFORD, in the CV23 postcode district. The below map shows the position of No. 5 on RAFFLES PLACE.