12, PROJECTS DRIVE, RUGBY, CV21 1AB - £270,000

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.

12 PROJECTS DRIVE is a midsized detached house of 109m², built in 2008, which could now be worth an estimated £331,660. It was last sold for £270,000 in October 2018, which was around 27% below the average October 2018 detached price in the Rugby local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

12 PROJECTS DRIVE Sold Prices

Land registry data shows two sales for 12 PROJECTS DRIVE 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. Both of the two 12 PROJECTS DRIVE 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
2018 4 OCT	£270,000	£368,092	27% below HPI
2011 20 JUN	£187,000	£238,826	22% below HPI

12 PROJECTS DRIVE 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 12 PROJECTS DRIVE sales from June 2011 and October 2018 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 June 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 12 PROJECTS DRIVE be worth now?

12 PROJECTS DRIVE might now be worth an estimated £331,660.

This is based on house price inflation of 22.8%, between October 2018 and May 2026, 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 22.8% inflationary increase is applied to the most recent sale price for 12 PROJECTS DRIVE of £270,000 on 4th October 2018. For the value to have increased from £270,000 to £331,660 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 12 PROJECTS DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The October 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PROJECTS DRIVE has not materially changed since October 2018.

How Large is 12 PROJECTS DRIVE?

12 PROJECTS DRIVE is 109m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 12 PROJECTS DRIVE lies on this distribution: 43% of detached houses houses are smaller than 12 PROJECTS DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Rugby.

12 PROJECTS DRIVE: Plot and Title Map

12 PROJECTS DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 12 PROJECTS DRIVE, 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 12 PROJECTS DRIVE). 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 12 PROJECTS DRIVE?

12 PROJECTS DRIVE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 12 on PROJECTS DRIVE.