50, SPRING LANE, KENILWORTH, CV8 2HD - £353,000

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.

50 SPRING LANE is a very small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £375,756. It was last sold for £353,000 in July 2022, which was around 41% below the average July 2022 detached price in the Warwick local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

50 SPRING LANE Sold Prices

Land registry data shows two sales for 50 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 50 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
2022 21 JUL	£353,000	£602,589	41% below HPI
1996 17 MAY	£73,000	£116,480	37% below HPI

50 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 50 SPRING LANE sales from May 1996 and July 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 May 1996 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 50 SPRING LANE be worth now?

50 SPRING LANE might now be worth an estimated £375,756.

This is based on house price inflation of 6.4%, between July 2022 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 50 SPRING LANE of £353,000 on 21st July 2022. For the value to have increased from £353,000 to £375,756 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 50 SPRING LANE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The July 2022 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of 50 SPRING LANE has not materially changed since July 2022.

How Large is 50 SPRING LANE?

50 SPRING LANE is 76m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kenilworth, and where 50 SPRING LANE lies on this distribution: 6% of detached houses houses are smaller than 50 SPRING LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

50 SPRING LANE: Plot and Title Map

50 SPRING LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 50 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 50 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 50 SPRING LANE?

50 SPRING LANE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 50 on SPRING LANE.