4, WISE TERRACE, LEAMINGTON SPA, CV31 3AS - £450,000

4 WISE TERRACE is a very large detached house of 191m², built sometime between 1900 and 1929. It was last sold for £450,000 in July 2020, which was around 16% below the average July 2020 detached price in the Warwick local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was D.

4 WISE TERRACE Sold Prices

Land registry data shows three sales for 4 WISE TERRACE 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 4 WISE TERRACE 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
2020 31 JUL	£450,000	£533,204	16% below HPI
2006 30 NOV	£190,000	£353,343	46% below HPI
1998 7 MAY	£97,500	£150,569	35% below HPI

4 WISE TERRACE 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 4 WISE TERRACE sales between May 1998 and July 2020 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 November 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 4 WISE TERRACE?

4 WISE TERRACE is 191m² according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Leamington Spa, and where 4 WISE TERRACE lies on this distribution: 80% of detached houses are smaller than 4 WISE TERRACE, and 20% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

4 WISE TERRACE: Plot and Title Map

4 WISE TERRACE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 4 WISE TERRACE, 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 4 WISE TERRACE). 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 4 WISE TERRACE?

4 WISE TERRACE is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 4 on WISE TERRACE.