8, LOBELIA CLOSE, RUGBY, CV23 0AT - £315,000

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 LOBELIA CLOSE is a very small detached house of 88m², which could now be worth an estimated £334,433. It was last sold for £315,000 in July 2023, which was around 30% below the average July 2023 detached price in the Rugby local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

8 LOBELIA CLOSE Sold Prices

Land registry data shows two sales for 8 LOBELIA CLOSE 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 8 LOBELIA CLOSE 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
2023 28 JUL	£315,000	£449,437	30% below HPI
2020 27 OCT	£270,000	£381,297	29% below HPI

8 LOBELIA CLOSE 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 8 LOBELIA CLOSE sales from October 2020 and July 2023 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 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 LOBELIA CLOSE be worth now?

8 LOBELIA CLOSE might now be worth an estimated £334,433.

This is based on house price inflation of 6.2%, between July 2023 and February 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for 8 LOBELIA CLOSE of £315,000 on 28th July 2023. For the value to have increased from £315,000 to £334,433 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 8 LOBELIA CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The July 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOBELIA CLOSE has not materially changed since July 2023.

How Large is 8 LOBELIA CLOSE?

8 LOBELIA CLOSE is 88m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 8 LOBELIA CLOSE lies on this distribution: 17% of detached houses houses are smaller than 8 LOBELIA CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Rugby.

8 LOBELIA CLOSE: Plot and Title Map

8 LOBELIA CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 8 LOBELIA CLOSE, 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 LOBELIA CLOSE). 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 LOBELIA CLOSE?

8 LOBELIA CLOSE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 8 on LOBELIA CLOSE.