9, THE SQUARE, WOLVEY, HINCKLEY, LE10 3LJ - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 THE SQUARE is a midsized extended detached house of 127m², built sometime before 1900. It was last sold for £345,000 in June 2019, which was around 8% below the average June 2019 detached price in the Rugby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

9 THE SQUARE Sold Prices

Land registry data shows four sales for 9 THE SQUARE 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. Most of the four 9 THE SQUARE sales were 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
2019 17 JUN	£345,000	£374,318	8% below HPI
2007 18 DEC	£345,000	£281,706	22% above HPI
2002 15 FEB	£225,000	£166,415	35% above HPI
1998 15 MAY	£145,000	£104,088	39% above HPI

9 THE SQUARE 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 9 THE SQUARE sales between May 1998 and June 2019 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 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 9 THE SQUARE?

9 THE SQUARE is 127m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Wolvey, based on EPC data. The below chart shows the distribution of detached houses by size in Wolvey, and where 9 THE SQUARE lies on this distribution: 47% of detached houses are smaller than 9 THE SQUARE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wolvey.

9 THE SQUARE: Plot and Title Map

9 THE SQUARE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 9 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE?

9 THE SQUARE is located in WOLVEY, in the LE10 postcode district. The below map shows the position of No. 9 on THE SQUARE.