7, SORREL DRIVE, RUGBY, CV23 0TL - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 SORREL DRIVE is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £325,000 in September 2022, which was around 30% below the average September 2022 detached price in the Rugby local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

7 SORREL DRIVE Sold Prices

Land registry data shows two sales for 7 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 7 SORREL DRIVE 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
2022 30 SEP	£325,000	£462,003	30% below HPI
2000 21 AUG	£99,000	£139,441	29% below HPI

7 SORREL DRIVE 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 two 7 SORREL DRIVE sales from August 2000 and September 2022 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 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 SORREL DRIVE?

7 SORREL DRIVE is 119m², which includes three extensions, according to the EPC inspection conducted in April 2019. 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 7 SORREL DRIVE lies on this distribution: 54% of detached houses are smaller than 7 SORREL DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Rugby.

7 SORREL DRIVE: Plot and Title Map

7 SORREL DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 7 SORREL DRIVE, 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 7 SORREL DRIVE). 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 7 SORREL DRIVE?

7 SORREL DRIVE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 7 on SORREL DRIVE.