49, MAGNET LANE, RUGBY, CV22 7NH - £193,000

49 MAGNET LANE is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £193,000 in June 2017, which was around 44% below the average June 2017 detached price in the Rugby local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

49 MAGNET LANE Sold Prices

Land registry data shows two sales for 49 MAGNET LANE 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 49 MAGNET LANE 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
2017 8 JUN	£193,000	£344,042	44% below HPI
1996 28 JUN	£64,500	£86,170	25% below HPI

49 MAGNET LANE 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 49 MAGNET LANE sales from June 1996 and June 2017 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 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 49 MAGNET LANE?

49 MAGNET LANE is 55m² according to the EPC inspection conducted in November 2016. 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 49 MAGNET LANE lies on this distribution: 1% of detached houses are smaller than 49 MAGNET LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Rugby.

49 MAGNET LANE: Plot and Title Map

49 MAGNET LANE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 49 MAGNET LANE, 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 49 MAGNET LANE). 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 49 MAGNET LANE?

49 MAGNET LANE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 49 on MAGNET LANE.