CORNERWAYS, RED LANE, BURTON GREEN, KENILWORTH, CV8 1PF - £562,500

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

CORNERWAYS is a midsized extended detached house of 164m², built sometime before 1900. It was last sold for £562,500 in October 2017, which was around 9% above the average October 2017 detached price in the Warwick local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows four sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. two of the four CORNERWAYS sales were for above the average price, and four 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
2017 31 OCT	£562,500	£518,306	9% above HPI
2007 10 AUG	£470,000	£360,021	31% above HPI
2002 25 JUL	£240,000	£248,137	3% below HPI
1995 14 JUL	£117,000	£119,244	2% below HPI

CORNERWAYS 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 four CORNERWAYS sales between July 1995 and October 2017 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 August 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 164m², which includes four extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses in Burton Green, based on EPC data. The below chart shows the distribution of detached houses by size in Burton Green, and where CORNERWAYS lies on this distribution: 60% of detached houses are smaller than CORNERWAYS, and 40% of houses are larger. Note that EPC data is not available for all properties in Burton Green.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on RED LANE in BURTON GREEN, in the CV8 postcode district. The below map shows the position of CORNERWAYS on RED LANE.