Feb 07, 2023 by HM

House prices in Long Lawford (CV23 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Long Lawford (CV23 9).

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Price per square metre

Knowing the average house price in Long Lawford is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 5, Birdingbury Road, Long Lawford, sold for £740,000 on Sep-2023. Given the internal area of 199 square metres, the price per sqm is £3,718.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 159 sales in Long Lawford (CV23 9) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Long Lawford (CV23 9). Of the 159 transactions, half were sold for between £2,700 and £3,710 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,710m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CV23 9' is £3,150. The table below shows how 'CV23 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV23 8 Kilsby	£3,010m2	£3,240m2	£3,730m2
CV23 9 Long Lawford	£2,700m2	£3,150m2	£3,710m2
CV23 0 Rugby	£2,700m2	£3,100m2	£3,520m2
CV23 1 Houlton	£3,090m2	£3,480m2	£3,560m2

Will Long Lawford house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CV23 9 (Long Lawford). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CV23 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Long Lawford and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Long Lawford data or any other data I am given.

Price map for Long Lawford

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Long Lawford. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Long Lawford

Street level data

Street	Avg size	Avg £/m2	Recent sales
Teeswater Close, Long Lawford, CV23 9G	94m2	£2,966	20
Townsend Lane, Long Lawford, CV23 9D	88m2	£2,718	13
Main Street, Long Lawford, CV23 9A	90m2	£2,523	12
School Lane, Long Lawford, CV23 9N	156m2	£3,372	10
Lelleford Close, Long Lawford, CV23 9F	107m2	£2,835	10
The Ryelands, Long Lawford, CV23 9E	92m2	£2,300	9
Kerry Hill Drive, Long Lawford, CV23 9F	103m2	£3,279	9
Steeping Road, Long Lawford, CV23 9S	81m2	£2,691	9

Search for your street here.

Raw data

Our analysis of Long Lawford is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
5, Birdingbury Rd, Long Lawford	£740,000 Sep-2023	199	3,718
29, Fosse Crescent, Long Lawford	£280,000 Aug-2023	102	2,745
Lindon, Rugby Rd, Long Lawford	£472,000 Aug-2023	168	2,809

See the entire list of all sales in Long Lawford (CV23 9) here.