3, GORSE CLOSE, RUGBY, CV22 6SH - £219,950

3 GORSE CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £219,950 in May 2019, which was around 42% below the average May 2019 detached price in the Rugby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 GORSE CLOSE Sold Prices

Land registry data shows four sales for 3 GORSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the four 3 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
2019 3 MAY	£219,950	£376,026	42% below HPI
2015 23 MAR	£166,000	£292,556	43% below HPI
2004 3 DEC	£142,000	£254,995	44% below HPI
2003 21 FEB	£124,000	£203,039	39% below HPI

3 GORSE CLOSE 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 four 3 GORSE CLOSE sales between February 2003 and May 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 March 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 3 GORSE CLOSE?

3 GORSE CLOSE is 76m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 3 GORSE CLOSE lies on this distribution: 8% of detached houses are smaller than 3 GORSE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Rugby.

3 GORSE CLOSE: Plot and Title Map

3 GORSE CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 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 3 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 3 GORSE CLOSE?

3 GORSE CLOSE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 3 on GORSE CLOSE.