3, ORCHID WAY, RUGBY, CV23 0SD - £307,000

3 ORCHID WAY is a midsized detached house of 123m², built sometime between 1991 and 1995. It was last sold for £307,000 in February 2021, which was around 23% below the average February 2021 detached price in the Rugby local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 ORCHID WAY Sold Prices

Land registry data shows two sales for 3 ORCHID WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 3 ORCHID WAY 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
2021 26 FEB	£307,000	£399,909	23% below HPI
2014 29 AUG	£226,000	£290,047	22% below HPI

3 ORCHID WAY 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 two 3 ORCHID WAY sales from August 2014 and February 2021 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 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 ORCHID WAY?

3 ORCHID WAY is 123m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% 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 ORCHID WAY lies on this distribution: 58% of detached houses are smaller than 3 ORCHID WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Rugby.

3 ORCHID WAY: Plot and Title Map

3 ORCHID WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 3 ORCHID WAY, 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 ORCHID WAY). 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 ORCHID WAY?

3 ORCHID WAY is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 3 on ORCHID WAY.