9, NEW STREET, LEAMINGTON SPA, CV31 1HP - £305,000

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 NEW STREET is a very small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £408,134. It was last sold for £305,000 in May 2016, which was around 36% below the average May 2016 detached price in the Warwick local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

9 NEW STREET Sold Prices

Land registry data shows two sales for 9 NEW STREET 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 9 NEW STREET 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
2016 6 MAY	£305,000	£479,347	36% below HPI
2007 31 JAN	£237,452	£350,141	32% below HPI

9 NEW STREET 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 9 NEW STREET sales from January 2007 and May 2016 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 January 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2016 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 NEW STREET be worth now?

9 NEW STREET might now be worth an estimated £408,134.

This is based on house price inflation of 33.8%, between May 2016 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.8% inflationary increase is applied to the most recent sale price for 9 NEW STREET of £305,000 on 6th May 2016. For the value to have increased from £305,000 to £408,134 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 9 NEW STREET has moved in line with the HPI for detached houses in the Warwick local authority area.
• The May 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NEW STREET has not materially changed since May 2016.

How Large is 9 NEW STREET?

9 NEW STREET is 87m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 9 NEW STREET lies on this distribution: 12% of detached houses houses are smaller than 9 NEW STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

9 NEW STREET: Plot and Title Map

9 NEW STREET sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 9 NEW STREET, 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 NEW STREET). 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 NEW STREET?

9 NEW STREET is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 9 on NEW STREET.