6, MAGNET LANE, RUGBY, CV22 7NH - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 MAGNET LANE is a small extended detached house of 93m², built sometime before 1900, which could now be worth an estimated £346,121. It was last sold for £215,000 in August 2014, which was around 24% below the average August 2014 detached price in the Rugby local authority area. The most recent EPC inspection was January 2014, where the current energy rating was F, and the potential energy rating was C.

6 MAGNET LANE Sold Prices

Land registry data shows three sales for 6 MAGNET LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 6 MAGNET 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
2014 15 AUG	£215,000	£282,085	24% below HPI
2004 31 AUG	£192,000	£228,920	16% below HPI
2001 9 FEB	£127,500	£134,644	5% below HPI

6 MAGNET LANE 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 three 6 MAGNET LANE sales between February 2001 and August 2014 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 August 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 6 MAGNET LANE be worth now?

6 MAGNET LANE might now be worth an estimated £346,121.

This is based on house price inflation of 61%, between August 2014 and December 2024, 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 61% inflationary increase is applied to the most recent sale price for 6 MAGNET LANE of £215,000 on 15th August 2014. For the value to have increased from £215,000 to £346,121 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 6 MAGNET LANE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The August 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MAGNET LANE has not materially changed since August 2014.

How Large is 6 MAGNET LANE?

6 MAGNET LANE is 93m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 6 MAGNET LANE lies on this distribution: 25% of detached houses houses are smaller than 6 MAGNET LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rugby.

6 MAGNET LANE: Plot and Title Map

6 MAGNET LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 6 MAGNET 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 6 MAGNET 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 6 MAGNET LANE?

6 MAGNET LANE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 6 on MAGNET LANE.