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

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.

THE HOMESTEAD is a very large detached house of 181m², built sometime between 1983 and 1990, which could now be worth an estimated £575,377. It was last sold for £550,000 in November 2022, which was around 5% 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	£576,937	5% below HPI
2017 9 NOV	£350,000	£488,531	28% below HPI
2005 20 MAY	£250,000	£327,221	24% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might THE HOMESTEAD be worth now?

THE HOMESTEAD might now be worth an estimated £575,377.

This is based on house price inflation of 4.6%, between November 2022 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for THE HOMESTEAD of £550,000 on 17th November 2022. For the value to have increased from £550,000 to £575,377 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of THE HOMESTEAD has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The November 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOMESTEAD has not materially changed since November 2022.

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 houses in Wellesbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellesbourne, and where THE HOMESTEAD lies on this distribution: 93% of detached houses 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.