8, CHEVIOT RISE, LEAMINGTON SPA, CV32 7BJ - £333,000

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.

8 CHEVIOT RISE is a small extended detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £459,804. It was last sold for £333,000 in September 2015, which was around 28% below the average September 2015 detached price in the Warwick local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 CHEVIOT RISE Sold Prices

Land registry data shows two sales for 8 CHEVIOT RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 8 CHEVIOT RISE 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
2015 14 SEP	£333,000	£464,541	28% below HPI
2001 12 OCT	£148,000	£217,573	32% below HPI

8 CHEVIOT RISE 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 two 8 CHEVIOT RISE sales from October 2001 and September 2015 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 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 CHEVIOT RISE be worth now?

8 CHEVIOT RISE might now be worth an estimated £459,804.

This is based on house price inflation of 38.1%, between September 2015 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 38.1% inflationary increase is applied to the most recent sale price for 8 CHEVIOT RISE of £333,000 on 14th September 2015. For the value to have increased from £333,000 to £459,804 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 CHEVIOT RISE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The September 2015 sale price of £333,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHEVIOT RISE has not materially changed since September 2015.

How Large is 8 CHEVIOT RISE?

8 CHEVIOT RISE is 103m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 8 CHEVIOT RISE lies on this distribution: 23% of detached houses houses are smaller than 8 CHEVIOT RISE, and 76% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

8 CHEVIOT RISE: Plot and Title Map

8 CHEVIOT RISE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 8 CHEVIOT RISE, 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 8 CHEVIOT RISE). 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 8 CHEVIOT RISE?

8 CHEVIOT RISE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 8 on CHEVIOT RISE.