2, CORNFLOWER DRIVE, RUGBY, CV23 0UG - £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.

2 CORNFLOWER DRIVE is a midsized detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £358,474. It was last sold for £295,000 in January 2019, which was around 21% below the average January 2019 detached price in the Rugby local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

2 CORNFLOWER DRIVE Sold Prices

Land registry data shows three sales for 2 CORNFLOWER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 2 CORNFLOWER 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
2019 31 JAN	£295,000	£372,092	21% below HPI
2005 24 JUN	£212,000	£235,476	10% below HPI
1999 29 JAN	£104,000	£112,174	7% below HPI

2 CORNFLOWER 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 three 2 CORNFLOWER DRIVE sales between January 1999 and January 2019 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 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 CORNFLOWER DRIVE be worth now?

2 CORNFLOWER DRIVE might now be worth an estimated £358,474.

This is based on house price inflation of 21.5%, between January 2019 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 21.5% inflationary increase is applied to the most recent sale price for 2 CORNFLOWER DRIVE of £295,000 on 31st January 2019. For the value to have increased from £295,000 to £358,474 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 CORNFLOWER DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The January 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNFLOWER DRIVE has not materially changed since January 2019.

How Large is 2 CORNFLOWER DRIVE?

2 CORNFLOWER DRIVE is 119m² according to the EPC inspection conducted in August 2018. 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 2 CORNFLOWER DRIVE lies on this distribution: 54% of detached houses houses are smaller than 2 CORNFLOWER DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Rugby.

2 CORNFLOWER DRIVE: Plot and Title Map

2 CORNFLOWER DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 CORNFLOWER 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 2 CORNFLOWER 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 2 CORNFLOWER DRIVE?

2 CORNFLOWER DRIVE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 2 on CORNFLOWER DRIVE.