HALES, RED LANE, BURTON GREEN, KENILWORTH, CV8 1PB - £395,000

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

HALES is a midsized extended detached house of 160m², built sometime before 1900. It was last sold for £395,000 in September 2012, which was around 6% above the average September 2012 detached price in the Warwick local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

HALES Sold Prices

Land registry data shows two sales for HALES 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 HALES 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
2012 28 SEP	£395,000	£371,303	6% above HPI
2005 24 MAR	£415,000	£316,687	31% above HPI

HALES 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 HALES sales from March 2005 and September 2012 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 March 2005 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2012 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is HALES?

HALES is 160m², which includes one extension, according to the EPC inspection conducted in September 2010. 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 HALES lies on this distribution: 57% of detached houses are smaller than HALES, and 43% of houses are larger. Note that EPC data is not available for all properties in Burton Green.

HALES: Plot and Title Map

HALES sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of HALES, 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 HALES). 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 HALES?

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