2, CHESTNUT SQUARE, LEAMINGTON SPA, CV32 7UW - £300,000

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.

2 CHESTNUT SQUARE is a very small terraced house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £343,225. It was last sold for £300,000 in October 2021, which was around 7% above the average October 2021 terraced price in the Warwick local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

2 CHESTNUT SQUARE Sold Prices

Land registry data shows two sales for 2 CHESTNUT SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Warwick local authority area for the corresponding sale date. Both of the two 2 CHESTNUT SQUARE sales were for above 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
2021 8 OCT	£300,000	£280,049	7% above HPI
1997 27 JAN	£63,500	£57,884	10% above HPI

2 CHESTNUT SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Warwick local authority area over time, sourced from the HPI. The two 2 CHESTNUT SQUARE sales from January 1997 and October 2021 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 January 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 CHESTNUT SQUARE be worth now?

2 CHESTNUT SQUARE might now be worth an estimated £343,225.

This is based on house price inflation of 14.4%, between October 2021 and May 2026, for terraced 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 14.4% inflationary increase is applied to the most recent sale price for 2 CHESTNUT SQUARE of £300,000 on 8th October 2021. For the value to have increased from £300,000 to £343,225 over the five years and five months to May 2026, the following assumptions must hold true:

• The value of 2 CHESTNUT SQUARE has moved in line with the HPI for terraced houses in the Warwick local authority area.
• The October 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT SQUARE has not materially changed since October 2021.

How Large is 2 CHESTNUT SQUARE?

2 CHESTNUT SQUARE is 66m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royal Leamington Spa, and where 2 CHESTNUT SQUARE lies on this distribution: 2% of terraced houses houses are smaller than 2 CHESTNUT SQUARE, and 97% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

2 CHESTNUT SQUARE: Plot and Title Map

2 CHESTNUT SQUARE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 2 CHESTNUT SQUARE, 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 2 CHESTNUT SQUARE). 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 2 CHESTNUT SQUARE?

2 CHESTNUT SQUARE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 2 on CHESTNUT SQUARE.