18, ELDER AVENUE, RUGBY, CV21 1TE - £295,000

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.

18 ELDER AVENUE is a midsized detached house of 115m², built in 2015, which could now be worth an estimated £364,672. It was last sold for £295,000 in May 2020, which was around 21% below the average May 2020 detached price in the Rugby local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

18 ELDER AVENUE Sold Prices

Land registry data shows two sales for 18 ELDER AVENUE 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 18 ELDER AVENUE 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
2020 14 MAY	£295,000	£372,164	21% below HPI
2015 22 MAY	£275,000	£295,093	7% below HPI

18 ELDER AVENUE 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 18 ELDER AVENUE sales from May 2015 and May 2020 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18 ELDER AVENUE be worth now?

18 ELDER AVENUE might now be worth an estimated £364,672.

This is based on house price inflation of 23.6%, between May 2020 and April 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 23.6% inflationary increase is applied to the most recent sale price for 18 ELDER AVENUE of £295,000 on 14th May 2020. For the value to have increased from £295,000 to £364,672 over the six years and one month to April 2026, the following assumptions must hold true:

• The value of 18 ELDER AVENUE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The May 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ELDER AVENUE has not materially changed since May 2020.

How Large is 18 ELDER AVENUE?

18 ELDER AVENUE is 115m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 18 ELDER AVENUE lies on this distribution: 49% of detached houses houses are smaller than 18 ELDER AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Rugby.

18 ELDER AVENUE: Plot and Title Map

18 ELDER AVENUE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 18 ELDER AVENUE, 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 18 ELDER AVENUE). 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 18 ELDER AVENUE?

18 ELDER AVENUE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 18 on ELDER AVENUE.