8, PARK FARM CLOSE, BILTON, RUGBY, CV22 7BB - £340,100

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 PARK FARM CLOSE is a very small extended detached house of 67m², built sometime between 1996 and 2002. It was last sold for £340,100 in November 2023, which was around 25% below the average November 2023 detached price in the Rugby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 PARK FARM CLOSE Sold Prices

Land registry data shows two sales for 8 PARK FARM 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. One of the two 8 PARK FARM CLOSE sales was for below the average price, whilst the other 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
2023 17 NOV	£340,100	£452,297	25% below HPI
2001 24 AUG	£158,950	£154,830	3% above HPI

8 PARK FARM 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 PARK FARM CLOSE sales from August 2001 and November 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 August 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 PARK FARM CLOSE be worth now?

8 PARK FARM CLOSE might now be worth an estimated £341,470.

This is based on house price inflation of 0.4%, between November 2023 and December 2024, 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 0.4% inflationary increase is applied to the most recent sale price for 8 PARK FARM CLOSE of £340,100 on 17th November 2023. For the value to have increased from £340,100 to £341,470 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 8 PARK FARM CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The November 2023 sale price of £340,100 represented a fair market value for the property.
• The size, condition, and specification of 8 PARK FARM CLOSE has not materially changed since November 2023.

How Large is 8 PARK FARM CLOSE?

8 PARK FARM CLOSE is 67m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% 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 PARK FARM CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 PARK FARM CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rugby.

8 PARK FARM CLOSE: Plot and Title Map

8 PARK FARM CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 8 PARK FARM 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 PARK FARM 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 PARK FARM CLOSE?

8 PARK FARM CLOSE is located in BILTON, in the CV22 postcode district. The below map shows the position of No. 8 on PARK FARM CLOSE.