22, GORSE CLOSE, RUGBY, CV22 6SJ - £117,500

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.

22 GORSE CLOSE is a very small semi-detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £199,555. It was last sold for £117,500 in April 2014, which was around 28% below the average April 2014 semi-detached price in the Rugby local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

22 GORSE CLOSE Sold Prices

Land registry data shows four sales for 22 GORSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rugby local authority area for the corresponding sale date. All of the four 22 GORSE CLOSE 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
2014 25 APR	£117,500	£162,761	28% below HPI
2006 26 JUN	£122,000	£154,516	21% below HPI
2003 14 FEB	£88,500	£113,546	22% below HPI
1997 14 FEB	£39,500	£52,065	24% below HPI

22 GORSE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rugby local authority area over time, sourced from the HPI. The four 22 GORSE CLOSE sales between February 1997 and April 2014 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 22 GORSE CLOSE be worth now?

22 GORSE CLOSE might now be worth an estimated £199,555.

This is based on house price inflation of 69.8%, between April 2014 and May 2026, for semi-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 69.8% inflationary increase is applied to the most recent sale price for 22 GORSE CLOSE of £117,500 on 25th April 2014. For the value to have increased from £117,500 to £199,555 over the eleven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 22 GORSE CLOSE has moved in line with the HPI for semi-detached houses in the Rugby local authority area.
• The April 2014 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 22 GORSE CLOSE has not materially changed since April 2014.

How Large is 22 GORSE CLOSE?

22 GORSE CLOSE is 56m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of semi-detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rugby, and where 22 GORSE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 22 GORSE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Rugby.

22 GORSE CLOSE: Plot and Title Map

22 GORSE CLOSE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 22 GORSE CLOSE, 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 22 GORSE CLOSE). 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 22 GORSE CLOSE?

22 GORSE CLOSE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 22 on GORSE CLOSE.