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
6 ELDER CLOSE is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £355,000 in June 2024, which was around 25% below the average June 2024 detached price in the Rugby local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows eight sales for 6 ELDER CLOSE since 1st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Most of the eight 6 ELDER CLOSE 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 |
---|---|---|---|
2024 14 JUN | £355,000 | £476,197 | 25% below HPI |
2016 8 JUL | £245,000 | £330,763 | 26% below HPI |
2014 11 FEB | £217,500 | £279,305 | 22% below HPI |
2007 16 FEB | £207,000 | £261,525 | 21% below HPI |
2006 8 MAY | £215,494 | £259,434 | 17% below HPI |
2004 11 JUN | £212,500 | £232,796 | 9% below HPI |
2003 18 JUL | £215,000 | £211,071 | 2% above HPI |
1997 23 MAY | £92,000 | £97,503 | 6% below HPI |
The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The eight 6 ELDER CLOSE sales between May 1997 and June 2024 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
6 ELDER CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 6 ELDER CLOSE lies on this distribution: 53% of detached houses are smaller than 6 ELDER CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Rugby.
6 ELDER CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 6 ELDER CLOSE, 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 6 ELDER CLOSE). 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.
6 ELDER CLOSE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 6 on ELDER CLOSE.