THE NOOK, COVENTRY ROAD, WOLVEY, HINCKLEY, LE10 3LD - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE NOOK is a large detached house of 170m², built sometime between 1900 and 1929, which could now be worth an estimated £538,615. It was last sold for £350,000 in May 2015, which was around 19% above the average May 2015 detached price in the Rugby local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. One of the two THE NOOK 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
2015 14 MAY	£350,000	£295,093	19% above HPI
2011 5 APR	£222,000	£235,202	6% below HPI

THE NOOK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two THE NOOK sales from April 2011 and May 2015 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 April 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £538,615.

This is based on house price inflation of 53.9%, between May 2015 and December 2024, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.9% inflationary increase is applied to the most recent sale price for THE NOOK of £350,000 on 14th May 2015. For the value to have increased from £350,000 to £538,615 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the Rugby local authority area.
• The May 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since May 2015.

How Large is THE NOOK?

THE NOOK is 170m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses houses in Wolvey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolvey, and where THE NOOK lies on this distribution: 74% of detached houses houses are smaller than THE NOOK, and 26% of houses are larger. Note that EPC data is not available for all properties in Wolvey.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on COVENTRY ROAD in WOLVEY, in the LE10 postcode district. The below map shows the position of THE NOOK on COVENTRY ROAD.