9, CHERWELL WAY, LONG LAWFORD, RUGBY, CV23 9SU - £275,000

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.

9 CHERWELL WAY is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £294,928. It was last sold for £275,000 in July 2022, which was around 38% below the average July 2022 detached price in the Rugby local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

9 CHERWELL WAY Sold Prices

Land registry data shows five sales for 9 CHERWELL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the five 9 CHERWELL WAY 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
2022 13 JUL	£275,000	£444,923	38% below HPI
2016 16 DEC	£194,000	£331,657	42% below HPI
2008 18 JAN	£162,000	£271,056	40% below HPI
2000 8 JUN	£81,000	£131,312	38% below HPI
1995 24 FEB	£58,500	£81,892	29% below HPI

9 CHERWELL 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 five 9 CHERWELL WAY sales between February 1995 and July 2022 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 December 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 9 CHERWELL WAY be worth now?

9 CHERWELL WAY might now be worth an estimated £294,928.

This is based on house price inflation of 7.2%, between July 2022 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 7.2% inflationary increase is applied to the most recent sale price for 9 CHERWELL WAY of £275,000 on 13th July 2022. For the value to have increased from £275,000 to £294,928 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 9 CHERWELL WAY has moved in line with the HPI for detached houses in the Rugby local authority area.
• The July 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHERWELL WAY has not materially changed since July 2022.

How Large is 9 CHERWELL WAY?

9 CHERWELL WAY is 90m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses houses in Long Lawford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Lawford, and where 9 CHERWELL WAY lies on this distribution: 26% of detached houses houses are smaller than 9 CHERWELL WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Long Lawford.

9 CHERWELL WAY: Plot and Title Map

9 CHERWELL WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 9 CHERWELL 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 9 CHERWELL 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 9 CHERWELL WAY?

9 CHERWELL WAY is located in LONG LAWFORD, in the CV23 postcode district. The below map shows the position of No. 9 on CHERWELL WAY.