ROCK COTTAGE, ROCK MILL LANE, LEAMINGTON SPA, CV32 6AP - £240,000

ROCK COTTAGE is a very small detached house of 77m², built sometime before 1900. It was last sold for £240,000 in February 2016, which was around 49% below the average February 2016 detached price in the Warwick local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

ROCK COTTAGE Sold Prices

Land registry data shows five sales for ROCK COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the five ROCK COTTAGE 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
2016 17 FEB	£240,000	£472,147	49% below HPI
2012 8 OCT	£228,000	£369,896	38% below HPI
2006 3 FEB	£218,500	£319,117	32% below HPI
2002 16 SEP	£160,000	£254,439	37% below HPI
1998 14 SEP	£90,000	£157,204	43% below HPI

ROCK COTTAGE 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 five ROCK COTTAGE sales between September 1998 and February 2016 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 October 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is ROCK COTTAGE?

ROCK COTTAGE is 77m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 ROCK COTTAGE lies on this distribution: 6% of detached houses are smaller than ROCK COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

ROCK COTTAGE: Plot and Title Map

ROCK COTTAGE sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of ROCK COTTAGE, 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 ROCK COTTAGE). 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 ROCK COTTAGE?

ROCK COTTAGE is located on ROCK MILL LANE in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of ROCK COTTAGE on ROCK MILL LANE.