THE FINCHES, SOUTHAM ROAD, RADFORD SEMELE, LEAMINGTON SPA, CV31 1TZ - £565,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE FINCHES is a very large extended detached house of 247m², built sometime between 1950 and 1966. It was last sold for £565,000 in December 2006, which was around 62% above the average December 2006 detached price in the Warwick local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

THE FINCHES Sold Prices

Land registry data shows three sales for THE FINCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three THE FINCHES 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
2006 1 DEC	£565,000	£347,828	62% above HPI
2004 23 MAR	£480,000	£299,054	61% above HPI
1996 9 FEB	£120,000	£114,839	4% above HPI

THE FINCHES 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 three THE FINCHES sales between February 1996 and December 2006 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 2004 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the December 2006 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is THE FINCHES?

THE FINCHES is 247m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Radford Semele, based on EPC data. The below chart shows the distribution of detached houses by size in Radford Semele, and where THE FINCHES lies on this distribution: 97% of detached houses are smaller than THE FINCHES, and 3% of houses are larger. Note that EPC data is not available for all properties in Radford Semele.

THE FINCHES: Plot and Title Map

THE FINCHES sits on a plot of roughly 0.343 of an acre, or 1,386m². The below map shows the location of THE FINCHES, 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 THE FINCHES). 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 THE FINCHES?

THE FINCHES is located on SOUTHAM ROAD in RADFORD SEMELE, in the CV31 postcode district. The below map shows the position of THE FINCHES on SOUTHAM ROAD.