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
5 UNION ROAD is a very large extended detached house of 234m², built sometime before 1900. It was last sold for £855,000 in August 2022, which was around 42% above the average August 2022 detached price in the Warwick local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 5 UNION ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 5 UNION ROAD 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 24 AUG | £855,000 | £600,267 | 42% above HPI |
2005 19 JUL | £490,000 | £330,913 | 48% above HPI |
1998 15 MAY | £225,000 | £150,569 | 49% above HPI |
1996 8 NOV | £160,000 | £124,175 | 29% above HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 5 UNION ROAD sales between November 1996 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 2005 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the August 2022 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.
5 UNION ROAD is 234m², which includes three extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Leamington Spa, and where 5 UNION ROAD lies on this distribution: 89% of detached houses are smaller than 5 UNION ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.
5 UNION ROAD sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 5 UNION 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 5 UNION 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.
5 UNION ROAD is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 5 on UNION ROAD.