50, SPRING LANE, KENILWORTH, CV8 2HD - £353,000

50 SPRING LANE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £353,000 in July 2022, which was around 41% below the average July 2022 detached price in the Warwick local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

50 SPRING LANE Sold Prices

Land registry data shows two sales for 50 SPRING 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 Warwick local authority area for the corresponding sale date. Both of the two 50 SPRING 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
2022 21 JUL	£353,000	£603,167	41% below HPI
1996 17 MAY	£73,000	£116,012	37% below HPI

50 SPRING LANE 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 two 50 SPRING LANE sales from May 1996 and July 2022 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 May 1996 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 50 SPRING LANE?

50 SPRING LANE is 76m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses by size in Kenilworth, and where 50 SPRING LANE lies on this distribution: 5% of detached houses are smaller than 50 SPRING LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

50 SPRING LANE: Plot and Title Map

50 SPRING LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 50 SPRING 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 50 SPRING 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 50 SPRING LANE?

50 SPRING LANE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 50 on SPRING LANE.