MYRTLE COTTAGE, HYDE PLACE, LEAMINGTON SPA, CV32 5BT - £429,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MYRTLE COTTAGE is a small detached house of 101m², built sometime before 1900, which could now be worth an estimated £500,467. It was last sold for £429,000 in March 2020, which was around 21% below the average March 2020 detached price in the Warwick local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE COTTAGE 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 MYRTLE COTTAGE 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
2020 20 MAR	£429,000	£543,840	21% below HPI
2016 21 OCT	£391,000	£498,811	22% below HPI

MYRTLE COTTAGE 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 MYRTLE COTTAGE sales from October 2016 and March 2020 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 October 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £500,467.

This is based on house price inflation of 16.7%, between March 2020 and December 2024, 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 16.7% inflationary increase is applied to the most recent sale price for MYRTLE COTTAGE of £429,000 on 20th March 2020. For the value to have increased from £429,000 to £500,467 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of MYRTLE COTTAGE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The March 2020 sale price of £429,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since March 2020.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 101m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 MYRTLE COTTAGE lies on this distribution: 22% of detached houses houses are smaller than MYRTLE COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of MYRTLE COTTAGE, 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 MYRTLE COTTAGE). 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on HYDE PLACE in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of MYRTLE COTTAGE on HYDE PLACE.