2, SOMERS PLACE, LEAMINGTON SPA, CV32 5AU - £280,000

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 SOMERS PLACE is a large extended detached house of 156m², built sometime before 1900, which could now be worth an estimated £590,978. It was last sold for £280,000 in April 2004, which was around 8% below the average April 2004 detached price in the Warwick local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

2 SOMERS PLACE Sold Prices

Land registry data shows four sales for 2 SOMERS PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Most of the four 2 SOMERS PLACE 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
2004 2 APR	£280,000	£303,906	8% below HPI
2001 12 MAR	£217,500	£211,366	3% above HPI
1999 12 FEB	£168,000	£155,848	8% above HPI
1995 21 JUL	£122,000	£119,725	2% above HPI

2 SOMERS PLACE 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 four 2 SOMERS PLACE sales between July 1995 and April 2004 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 March 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2004 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 SOMERS PLACE be worth now?

2 SOMERS PLACE might now be worth an estimated £590,978.

This is based on house price inflation of 111.1%, between April 2004 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 111.1% inflationary increase is applied to the most recent sale price for 2 SOMERS PLACE of £280,000 on 2nd April 2004. For the value to have increased from £280,000 to £590,978 over the 21 years and two months to February 2025, the following assumptions must hold true:

• The value of 2 SOMERS PLACE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The April 2004 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOMERS PLACE has not materially changed since April 2004.

How Large is 2 SOMERS PLACE?

2 SOMERS PLACE is 156m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 2 SOMERS PLACE lies on this distribution: 64% of detached houses houses are smaller than 2 SOMERS PLACE, and 36% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

2 SOMERS PLACE: Plot and Title Map

2 SOMERS PLACE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 2 SOMERS PLACE, 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 SOMERS PLACE). 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 SOMERS PLACE?

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