6, MAGNET LANE, RUGBY, CV22 7NH - £215,000

6 MAGNET LANE is a small extended detached house of 93m², built sometime before 1900. It was last sold for £215,000 in August 2014, which was around 26% below the average August 2014 detached price in the Rugby local authority area. The most recent EPC inspection was January 2014, where the current energy rating was F, and the potential energy rating was C.

6 MAGNET LANE Sold Prices

Land registry data shows three sales for 6 MAGNET LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 6 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
2014 15 AUG	£215,000	£290,047	26% below HPI
2004 31 AUG	£192,000	£235,382	18% below HPI
2001 9 FEB	£127,500	£138,444	8% below HPI

6 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 three 6 MAGNET LANE sales between February 2001 and August 2014 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 6 MAGNET LANE?

6 MAGNET LANE is 93m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 6 MAGNET LANE lies on this distribution: 25% of detached houses are smaller than 6 MAGNET LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rugby.

6 MAGNET LANE: Plot and Title Map

6 MAGNET LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 6 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 6 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 6 MAGNET LANE?

6 MAGNET LANE is located in RUGBY, in the CV22 postcode district. The below map shows the position of No. 6 on MAGNET LANE.