2, SPRING LANE, RADFORD SEMELE, LEAMINGTON SPA, CV31 1XD - £208,000

2 SPRING LANE is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £208,000 in July 2011, which was around 42% below the average July 2011 detached price in the Warwick local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

2 SPRING LANE Sold Prices

Land registry data shows three sales for 2 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 2 SPRING LANE 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
2011 13 JUL	£208,000	£360,559	42% below HPI
2005 12 AUG	£185,000	£337,173	45% below HPI
2001 29 JUN	£106,000	£209,937	50% below HPI

2 SPRING LANE 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 three 2 SPRING LANE sales between June 2001 and July 2011 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 August 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2011 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 SPRING LANE?

2 SPRING LANE is 92m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Radford Semele, based on EPC data. The below chart shows the distribution of detached houses by size in Radford Semele, and where 2 SPRING LANE lies on this distribution: 13% of detached houses are smaller than 2 SPRING LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Radford Semele.

2 SPRING LANE: Plot and Title Map

2 SPRING LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 SPRING LANE, 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 SPRING LANE). 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 SPRING LANE?

2 SPRING LANE is located in RADFORD SEMELE, in the CV31 postcode district. The below map shows the position of No. 2 on SPRING LANE.