16, LANCASTER WAY, WHITNASH, LEAMINGTON SPA, CV31 2BF - £330,000

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.

16 LANCASTER WAY is a small detached house of 88m², which could now be worth an estimated £392,024. It was last sold for £330,000 in November 2018, which was around 39% below the average November 2018 detached price in the Warwick local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

16 LANCASTER WAY Sold Prices

Land registry data shows two sales for 16 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 16 LANCASTER WAY 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 23 NOV	£330,000	£539,950	39% below HPI
2016 20 MAY	£319,995	£479,347	33% below HPI

16 LANCASTER WAY 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 two 16 LANCASTER WAY sales from May 2016 and November 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 May 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 16 LANCASTER WAY be worth now?

16 LANCASTER WAY might now be worth an estimated £392,024.

This is based on house price inflation of 18.8%, between November 2018 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 16 LANCASTER WAY of £330,000 on 23rd November 2018. For the value to have increased from £330,000 to £392,024 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 LANCASTER WAY has moved in line with the HPI for detached houses in the Warwick local authority area.
• The November 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LANCASTER WAY has not materially changed since November 2018.

How Large is 16 LANCASTER WAY?

16 LANCASTER WAY is 88m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Whitnash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitnash, and where 16 LANCASTER WAY lies on this distribution: 22% of detached houses houses are smaller than 16 LANCASTER WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Whitnash.

16 LANCASTER WAY: Plot and Title Map

16 LANCASTER WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 16 LANCASTER WAY, 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 16 LANCASTER WAY). 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 16 LANCASTER WAY?

16 LANCASTER WAY is located in WHITNASH, in the CV31 postcode district. The below map shows the position of No. 16 on LANCASTER WAY.