8, EMERALD WAY, LEAMINGTON SPA, CV31 3LD - £250,000

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

8 EMERALD WAY is a very small detached house of 80m², built sometime between 2007 and 2011. It was last sold for £250,000 in November 2014, which was around 41% below the average November 2014 detached price in the Warwick local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

8 EMERALD WAY Sold Prices

Land registry data shows two sales for 8 EMERALD WAY 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 EMERALD WAY 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
2014 14 NOV	£250,000	£423,344	41% below HPI
1996 28 JUN	£85,000	£117,788	28% below HPI

8 EMERALD WAY 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 EMERALD WAY sales from June 1996 and November 2014 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 EMERALD WAY?

8 EMERALD WAY is 80m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Leamington Spa, and where 8 EMERALD WAY lies on this distribution: 8% of detached houses are smaller than 8 EMERALD WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

8 EMERALD WAY: Plot and Title Map

8 EMERALD WAY sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 8 EMERALD WAY, 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 EMERALD WAY). 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 EMERALD WAY?

8 EMERALD WAY is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 8 on EMERALD WAY.