61, NEWBOLD TERRACE EAST, LEAMINGTON SPA, CV32 4EZ - £410,000

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.

61 NEWBOLD TERRACE EAST is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £487,061. It was last sold for £410,000 in November 2018, which was around 24% below the average November 2018 detached price in the Warwick local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

61 NEWBOLD TERRACE EAST Sold Prices

Land registry data shows four sales for 61 NEWBOLD TERRACE EAST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 61 NEWBOLD TERRACE EAST 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
2018 6 NOV	£410,000	£539,950	24% below HPI
2004 1 OCT	£230,000	£320,268	28% below HPI
2000 12 DEC	£148,500	£199,137	25% below HPI
1995 12 DEC	£94,000	£115,104	18% below HPI

61 NEWBOLD TERRACE EAST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 61 NEWBOLD TERRACE EAST sales between December 1995 and November 2018 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 October 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 61 NEWBOLD TERRACE EAST be worth now?

61 NEWBOLD TERRACE EAST might now be worth an estimated £487,061.

This is based on house price inflation of 18.8%, between November 2018 and February 2025, for 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 18.8% inflationary increase is applied to the most recent sale price for 61 NEWBOLD TERRACE EAST of £410,000 on 6th November 2018. For the value to have increased from £410,000 to £487,061 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 61 NEWBOLD TERRACE EAST has moved in line with the HPI for detached houses in the Warwick local authority area.
• The November 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 61 NEWBOLD TERRACE EAST has not materially changed since November 2018.

How Large is 61 NEWBOLD TERRACE EAST?

61 NEWBOLD TERRACE EAST is 71m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 61 NEWBOLD TERRACE EAST lies on this distribution: 4% of detached houses houses are smaller than 61 NEWBOLD TERRACE EAST, and 96% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

61 NEWBOLD TERRACE EAST: Plot and Title Map

61 NEWBOLD TERRACE EAST sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 61 NEWBOLD TERRACE EAST, 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 61 NEWBOLD TERRACE EAST). 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 61 NEWBOLD TERRACE EAST?

61 NEWBOLD TERRACE EAST is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 61 on NEWBOLD TERRACE EAST.