31, GORSE CLOSE, RUGBY, CV22 6SH - £173,000

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.

31 GORSE CLOSE is a very small terraced house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £207,013. It was last sold for £173,000 in January 2021, which was around 4% below the average January 2021 terraced price in the Rugby local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

31 GORSE CLOSE Sold Prices

Land registry data shows three sales for 31 GORSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rugby local authority area for the corresponding sale date. One of the three 31 GORSE CLOSE sales was for below the average price, whilst two 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
2021 13 JAN	£173,000	£179,940	4% below HPI
1998 31 MAR	£46,500	£44,127	5% above HPI
1996 2 AUG	£40,000	£38,752	3% above HPI

31 GORSE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rugby local authority area over time, sourced from the HPI. The three 31 GORSE CLOSE sales between August 1996 and January 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 March 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 31 GORSE CLOSE be worth now?

31 GORSE CLOSE might now be worth an estimated £207,013.

This is based on house price inflation of 19.7%, between January 2021 and May 2026, for terraced 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 19.7% inflationary increase is applied to the most recent sale price for 31 GORSE CLOSE of £173,000 on 13th January 2021. For the value to have increased from £173,000 to £207,013 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 31 GORSE CLOSE has moved in line with the HPI for terraced houses in the Rugby local authority area.
• The January 2021 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GORSE CLOSE has not materially changed since January 2021.

How Large is 31 GORSE CLOSE?

31 GORSE CLOSE is 67m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of terraced houses houses in Rugby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rugby, and where 31 GORSE CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 31 GORSE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rugby.

31 GORSE CLOSE: Plot and Title Map

31 GORSE CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 31 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 31 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 31 GORSE CLOSE?

31 GORSE CLOSE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 31 on GORSE CLOSE.