8, ORCHID WAY, RUGBY, CV23 0SD - £382,000

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 ORCHID WAY is a midsized extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £382,000 in July 2024, which was around 18% below the average July 2024 detached price in the Rugby local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

8 ORCHID WAY Sold Prices

Land registry data shows three sales for 8 ORCHID WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Two of the three 8 ORCHID WAY sales were for below the average price, whilst one was for above 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
2024 1 JUL	£382,000	£466,724	18% below HPI
2013 12 JUL	£249,950	£261,441	4% below HPI
1999 23 JUL	£131,000	£118,097	11% above HPI

8 ORCHID WAY 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 three 8 ORCHID WAY sales between July 1999 and July 2024 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 July 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 ORCHID WAY?

8 ORCHID WAY is 124m², which includes two extensions, according to the EPC inspection conducted in January 2023. 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 8 ORCHID WAY lies on this distribution: 59% of detached houses are smaller than 8 ORCHID WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Rugby.

8 ORCHID WAY: Plot and Title Map

8 ORCHID WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 8 ORCHID 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 ORCHID 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 ORCHID WAY?

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