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
53A RUSSELL TERRACE is a very small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £365,000 in April 2015, which was around 15% below the average April 2015 detached price in the Warwick local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 53A RUSSELL TERRACE since 1st 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 53A RUSSELL TERRACE 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 |
---|---|---|---|
2015 10 APR | £365,000 | £429,175 | 15% below HPI |
1995 19 JUL | £90,000 | £119,244 | 25% below HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 53A RUSSELL TERRACE sales from July 1995 and April 2015 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 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
53A RUSSELL TERRACE is 95m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 53A RUSSELL TERRACE lies on this distribution: 17% of detached houses are smaller than 53A RUSSELL TERRACE, and 82% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.
53A RUSSELL TERRACE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 53A RUSSELL TERRACE, 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 53A RUSSELL TERRACE). 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.
53A RUSSELL TERRACE is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 53A on RUSSELL TERRACE.