8, TWO PIKE LEYS, RUGBY, CV23 0GS - £550,000

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.

8 TWO PIKE LEYS is a very large detached house of 207m², built sometime from 2007 onwards, which could now be worth an estimated £565,817. It was last sold for £550,000 in February 2024, which was around 23% above the average February 2024 detached price in the Rugby local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

8 TWO PIKE LEYS Sold Prices

Land registry data shows three sales for 8 TWO PIKE LEYS 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 8 TWO PIKE LEYS sales 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
2024 2 FEB	£550,000	£447,199	23% above HPI
2013 20 MAY	£390,000	£254,181	53% above HPI
2007 1 NOV	£400,000	£271,726	47% above HPI

8 TWO PIKE LEYS 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 8 TWO PIKE LEYS sales between November 2007 and February 2024 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 2013 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2024 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 8 TWO PIKE LEYS be worth now?

8 TWO PIKE LEYS might now be worth an estimated £565,817.

This is based on house price inflation of 2.9%, between February 2024 and April 2026, for detached 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 2.9% inflationary increase is applied to the most recent sale price for 8 TWO PIKE LEYS of £550,000 on 2nd February 2024. For the value to have increased from £550,000 to £565,817 over the one year and ten months to April 2026, the following assumptions must hold true:

• The value of 8 TWO PIKE LEYS has moved in line with the HPI for detached houses in the Rugby local authority area.
• The February 2024 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TWO PIKE LEYS has not materially changed since February 2024.

How Large is 8 TWO PIKE LEYS?

8 TWO PIKE LEYS is 207m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 8 TWO PIKE LEYS lies on this distribution: 94% of detached houses houses are smaller than 8 TWO PIKE LEYS, and 6% of houses are larger. Note that EPC data is not available for all properties in Rugby.

8 TWO PIKE LEYS: Plot and Title Map

8 TWO PIKE LEYS sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 8 TWO PIKE LEYS, 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 8 TWO PIKE LEYS). 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 8 TWO PIKE LEYS?

8 TWO PIKE LEYS is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 8 on TWO PIKE LEYS.