8, SCHOOL LANE, RADFORD SEMELE, LEAMINGTON SPA, CV31 1TQ - £360,000

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 SCHOOL LANE is a small detached house of 112m², built sometime between 1991 and 1995. It was last sold for £360,000 in November 2018, which was around 33% below the average November 2018 detached price in the Warwick local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

8 SCHOOL LANE Sold Prices

Land registry data shows two sales for 8 SCHOOL LANE 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 SCHOOL LANE 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
2018 29 NOV	£360,000	£537,781	33% below HPI
2012 17 JUL	£305,000	£369,698	18% below HPI

8 SCHOOL LANE 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 SCHOOL LANE sales from July 2012 and November 2018 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 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 SCHOOL LANE?

8 SCHOOL LANE is 112m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Radford Semele, based on EPC data. The below chart shows the distribution of detached houses by size in Radford Semele, and where 8 SCHOOL LANE lies on this distribution: 36% of detached houses are smaller than 8 SCHOOL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Radford Semele.

8 SCHOOL LANE: Plot and Title Map

8 SCHOOL LANE sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 8 SCHOOL LANE, 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 SCHOOL LANE). 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 SCHOOL LANE?

8 SCHOOL LANE is located in RADFORD SEMELE, in the CV31 postcode district. The below map shows the position of No. 8 on SCHOOL LANE.