48, REEVE DRIVE, KENILWORTH, CV8 2GA - £305,000

48 REEVE DRIVE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £305,000 in August 2014, which was around 28% below the average August 2014 detached price in the Warwick local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

48 REEVE DRIVE Sold Prices

Land registry data shows three sales for 48 REEVE DRIVE 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 48 REEVE 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
2014 26 AUG	£305,000	£422,341	28% below HPI
1999 25 OCT	£122,000	£175,651	31% below HPI
1997 21 NOV	£110,000	£141,637	22% below HPI

48 REEVE 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 three 48 REEVE DRIVE sales between November 1997 and August 2014 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 48 REEVE DRIVE?

48 REEVE DRIVE is 83m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses by size in Kenilworth, and where 48 REEVE DRIVE lies on this distribution: 9% of detached houses are smaller than 48 REEVE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

48 REEVE DRIVE: Plot and Title Map

48 REEVE DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 48 REEVE 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 48 REEVE 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 48 REEVE DRIVE?

48 REEVE DRIVE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 48 on REEVE DRIVE.