FOREST DENE, BLACKSMITH LANE, FRANKTON, RUGBY, CV23 9FZ - £555,000

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.

FOREST DENE is a midsized detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £585,514. It was last sold for £555,000 in November 2023, which was around 23% above the average November 2023 detached price in the Rugby local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

FOREST DENE Sold Prices

Land registry data shows two sales for FOREST DENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two FOREST DENE 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
2023 29 NOV	£555,000	£452,297	23% above HPI
2001 31 JUL	£277,500	£149,679	85% above HPI

FOREST DENE 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 two FOREST DENE sales from July 2001 and November 2023 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 July 2001 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might FOREST DENE be worth now?

FOREST DENE might now be worth an estimated £585,514.

This is based on house price inflation of 5.5%, between November 2023 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 5.5% inflationary increase is applied to the most recent sale price for FOREST DENE of £555,000 on 29th November 2023. For the value to have increased from £555,000 to £585,514 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of FOREST DENE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The November 2023 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of FOREST DENE has not materially changed since November 2023.

How Large is FOREST DENE?

FOREST DENE is 150m² according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses houses in Frankton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Frankton, and where FOREST DENE lies on this distribution: 52% of detached houses houses are smaller than FOREST DENE, and 48% of houses are larger. Note that EPC data is not available for all properties in Frankton.

FOREST DENE: Plot and Title Map

FOREST DENE sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of FOREST DENE, 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 FOREST DENE). 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 FOREST DENE?

FOREST DENE is located on BLACKSMITH LANE in FRANKTON, in the CV23 postcode district. The below map shows the position of FOREST DENE on BLACKSMITH LANE.