2, WRIGHT GARDENS, WHITNASH, LEAMINGTON SPA, CV31 2FP - £460,000

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.

2 WRIGHT GARDENS is a large detached house of 116m², built in 2015, which could now be worth an estimated £505,166. It was last sold for £460,000 in July 2022, which was around 24% below the average July 2022 detached price in the Warwick local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

2 WRIGHT GARDENS Sold Prices

Land registry data shows three sales for 2 WRIGHT GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 2 WRIGHT GARDENS 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 15 JUL	£460,000	£602,589	24% below HPI
2022 15 JUL	£460,000	£602,589	24% below HPI
2016 7 NOV	£409,995	£502,653	18% below HPI

2 WRIGHT GARDENS 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 three 2 WRIGHT GARDENS sales between November 2016 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 July 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2022 sale, which was also at 24% below the HPI.

What might 2 WRIGHT GARDENS be worth now?

2 WRIGHT GARDENS might now be worth an estimated £505,166.

This is based on house price inflation of 9.8%, between July 2022 and April 2026, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for 2 WRIGHT GARDENS of £460,000 on 15th July 2022. For the value to have increased from £460,000 to £505,166 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 2 WRIGHT GARDENS has moved in line with the HPI for detached houses in the Warwick local authority area.
• The July 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WRIGHT GARDENS has not materially changed since July 2022.

How Large is 2 WRIGHT GARDENS?

2 WRIGHT GARDENS is 116m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Whitnash, based on EPC data. The below chart shows the distribution of detached houses by size in Whitnash, and where 2 WRIGHT GARDENS lies on this distribution: 62% of detached houses are smaller than 2 WRIGHT GARDENS, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Whitnash.

2 WRIGHT GARDENS: Plot and Title Map

2 WRIGHT GARDENS sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 2 WRIGHT GARDENS, 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 2 WRIGHT GARDENS). 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 2 WRIGHT GARDENS?

2 WRIGHT GARDENS is located in WHITNASH, in the CV31 postcode district. The below map shows the position of No. 2 on WRIGHT GARDENS.