8, SHEARWATER DRIVE, RUGBY, CV23 0WY - £235,000

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 SHEARWATER DRIVE is a midsized detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £402,640. It was last sold for £235,000 in June 2014, which was around 16% below the average June 2014 detached price in the Rugby local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

8 SHEARWATER DRIVE Sold Prices

Land registry data shows four sales for 8 SHEARWATER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the four 8 SHEARWATER DRIVE 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 27 JUN	£235,000	£278,496	16% below HPI
2010 14 MAY	£208,000	£245,893	15% below HPI
2007 12 OCT	£222,000	£267,828	17% below HPI
2004 7 MAY	£203,995	£226,339	10% below HPI

8 SHEARWATER DRIVE 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 four 8 SHEARWATER DRIVE sales between May 2004 and June 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 May 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 SHEARWATER DRIVE be worth now?

8 SHEARWATER DRIVE might now be worth an estimated £402,640.

This is based on house price inflation of 71.3%, between June 2014 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 71.3% inflationary increase is applied to the most recent sale price for 8 SHEARWATER DRIVE of £235,000 on 27th June 2014. For the value to have increased from £235,000 to £402,640 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 8 SHEARWATER DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The June 2014 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHEARWATER DRIVE has not materially changed since June 2014.

How Large is 8 SHEARWATER DRIVE?

8 SHEARWATER DRIVE is 120m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% 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 SHEARWATER DRIVE lies on this distribution: 55% of detached houses houses are smaller than 8 SHEARWATER DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Rugby.

8 SHEARWATER DRIVE: Plot and Title Map

8 SHEARWATER DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 8 SHEARWATER DRIVE, 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 SHEARWATER DRIVE). 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 SHEARWATER DRIVE?

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