TERRA NOVA, LEAMINGTON ROAD, LONG ITCHINGTON, SOUTHAM, CV47 9PL - £462,000

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

TERRA NOVA is a midsized extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £462,000 in May 2017, which was around 2% above the average May 2017 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

TERRA NOVA Sold Prices

Land registry data shows two sales for TERRA NOVA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. One of the two TERRA NOVA sales was for above the average price, whilst the other was 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 30 MAY	£462,000	£454,181	2% above HPI
2004 26 MAY	£272,500	£306,107	11% below HPI

TERRA NOVA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two TERRA NOVA sales from May 2004 and May 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 May 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is TERRA NOVA?

TERRA NOVA is 143m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Long Itchington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Itchington, and where TERRA NOVA lies on this distribution: 55% of detached houses are smaller than TERRA NOVA, and 43% of houses are larger. Note that EPC data is not available for all properties in Long Itchington.

TERRA NOVA: Plot and Title Map

TERRA NOVA sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of TERRA NOVA, 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 TERRA NOVA). 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 TERRA NOVA?

TERRA NOVA is located on LEAMINGTON ROAD in LONG ITCHINGTON, in the CV47 postcode district. The below map shows the position of TERRA NOVA on LEAMINGTON ROAD.