41, ERICA DRIVE, WHITNASH, LEAMINGTON SPA, CV31 2RW - £245,000

41 ERICA DRIVE is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £245,000 in November 2019, which was around 54% below the average November 2019 detached price in the Warwick local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

41 ERICA DRIVE Sold Prices

Land registry data shows two sales for 41 ERICA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 41 ERICA DRIVE 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
2019 1 NOV	£245,000	£532,449	54% below HPI
1998 8 MAY	£84,950	£150,569	44% below HPI

41 ERICA DRIVE 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 two 41 ERICA DRIVE sales from May 1998 and November 2019 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 1998 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2019 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 41 ERICA DRIVE?

41 ERICA DRIVE is 58m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Whitnash, based on EPC data. The below chart shows the distribution of detached houses by size in Whitnash, and where 41 ERICA DRIVE lies on this distribution: 2% of detached houses are smaller than 41 ERICA DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Whitnash.

41 ERICA DRIVE: Plot and Title Map

41 ERICA DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 41 ERICA DRIVE, 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 41 ERICA DRIVE). 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 41 ERICA DRIVE?

41 ERICA DRIVE is located in WHITNASH, in the CV31 postcode district. The below map shows the position of No. 41 on ERICA DRIVE.