6, RED LANE, BURTON GREEN, KENILWORTH, CV8 1NZ - £346,000

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.

6 RED LANE is a very small extended semi-detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £421,702. It was last sold for £346,000 in February 2020, which was around 11% above the average February 2020 semi-detached price in the Warwick local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was A.

6 RED LANE Sold Prices

Land registry data shows two sales for 6 RED LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Warwick local authority area for the corresponding sale date. One of the two 6 RED LANE sales was for above the average price, whilst the other was 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
2020 21 FEB	£346,000	£312,963	11% above HPI
1996 7 JUN	£63,000	£66,563	5% below HPI

6 RED LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Warwick local authority area over time, sourced from the HPI. The two 6 RED LANE sales from June 1996 and February 2020 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 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 6 RED LANE be worth now?

6 RED LANE might now be worth an estimated £421,702.

This is based on house price inflation of 21.9%, between February 2020 and February 2025, for semi-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 21.9% inflationary increase is applied to the most recent sale price for 6 RED LANE of £346,000 on 21st February 2020. For the value to have increased from £346,000 to £421,702 over the five years to February 2025, the following assumptions must hold true:

• The value of 6 RED LANE has moved in line with the HPI for semi-detached houses in the Warwick local authority area.
• The February 2020 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RED LANE has not materially changed since February 2020.

How Large is 6 RED LANE?

6 RED LANE is 82m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of semi-detached houses houses in Burton Green, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burton Green, and where 6 RED LANE lies on this distribution: 4% of semi-detached houses houses are smaller than 6 RED LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Burton Green.

6 RED LANE: Plot and Title Map

6 RED LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 6 RED 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 RED 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 RED LANE?

6 RED LANE is located in BURTON GREEN, in the CV8 postcode district. The below map shows the position of No. 6 on RED LANE.