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 OKEMENT GROVE is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £325,000 in September 2023, which was around 30% below the average September 2023 detached price in the Rugby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 6 OKEMENT GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the five 6 OKEMENT GROVE 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 |
---|---|---|---|
2023 14 SEP | £325,000 | £467,335 | 30% below HPI |
2004 14 JUN | £177,000 | £232,796 | 24% below HPI |
1999 25 JUN | £89,500 | £118,900 | 25% below HPI |
1998 29 JAN | £78,000 | £105,945 | 26% below HPI |
1996 7 JUN | £74,450 | £86,170 | 14% below HPI |
The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The five 6 OKEMENT GROVE sales between June 1996 and September 2023 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 June 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
6 OKEMENT GROVE is 96m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Long Lawford, based on EPC data. The below chart shows the distribution of detached houses by size in Long Lawford, and where 6 OKEMENT GROVE lies on this distribution: 37% of detached houses are smaller than 6 OKEMENT GROVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Long Lawford.
6 OKEMENT GROVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 6 OKEMENT GROVE, 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 OKEMENT GROVE). 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 OKEMENT GROVE is located in LONG LAWFORD, in the CV23 postcode district. The below map shows the position of No. 6 on OKEMENT GROVE.