THE HOMESTEAD, CHARLECOTE ROAD, WELLESBOURNE, WARWICK, CV35 9LU - £550,000

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 HOMESTEAD is a very large detached house of 181m², built sometime between 1983 and 1990. It was last sold for £550,000 in November 2022, which was around 2% below the average November 2022 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

THE HOMESTEAD Sold Prices

Land registry data shows three sales for THE HOMESTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the three THE HOMESTEAD 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
2022 17 NOV	£550,000	£563,824	2% below HPI
2017 9 NOV	£350,000	£477,427	27% below HPI
2005 20 MAY	£250,000	£319,783	22% below HPI

THE HOMESTEAD 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 three THE HOMESTEAD sales between May 2005 and November 2022 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 November 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 181m² according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Wellesbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wellesbourne, and where THE HOMESTEAD lies on this distribution: 93% of detached houses are smaller than THE HOMESTEAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Wellesbourne.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of THE HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

THE HOMESTEAD is located on CHARLECOTE ROAD in WELLESBOURNE, in the CV35 postcode district. The below map shows the position of THE HOMESTEAD on CHARLECOTE ROAD.