NEWLANDS, HEANLEY LANE, HURLEY, ATHERSTONE, CV9 2HY - £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.

NEWLANDS is a large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £612,780. It was last sold for £555,000 in October 2020, which was around 52% above the average October 2020 detached price in the North Warwickshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. Both of the two NEWLANDS 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
2020 19 OCT	£555,000	£364,470	52% above HPI
2014 10 JAN	£390,000	£254,609	53% above HPI

NEWLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The two NEWLANDS sales from January 2014 and October 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 January 2014 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might NEWLANDS be worth now?

NEWLANDS might now be worth an estimated £612,780.

This is based on house price inflation of 10.4%, between October 2020 and February 2025, for detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.4% inflationary increase is applied to the most recent sale price for NEWLANDS of £555,000 on 19th October 2020. For the value to have increased from £555,000 to £612,780 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of NEWLANDS has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The October 2020 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of NEWLANDS has not materially changed since October 2020.

How Large is NEWLANDS?

NEWLANDS is 148m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Hurley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hurley, and where NEWLANDS lies on this distribution: 67% of detached houses houses are smaller than NEWLANDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Hurley.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.374 of an acre, or 1,514m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on HEANLEY LANE in HURLEY, in the CV9 postcode district. The below map shows the position of NEWLANDS on HEANLEY LANE.