1, NICHOLSON CLOSE, WARWICK, CV34 5HE - £392,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 NICHOLSON CLOSE is a very large extended detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £526,429. It was last sold for £392,000 in January 2016, which was around 18% below the average January 2016 detached price in the Warwick local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was C.

1 NICHOLSON CLOSE Sold Prices

Land registry data shows three sales for 1 NICHOLSON CLOSE 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 1 NICHOLSON CLOSE 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 22 JAN	£392,000	£477,638	18% below HPI
2007 16 MAR	£272,000	£354,593	23% below HPI
2001 12 OCT	£165,000	£217,573	24% below HPI

1 NICHOLSON CLOSE 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 1 NICHOLSON CLOSE sales between October 2001 and January 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 March 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 NICHOLSON CLOSE be worth now?

1 NICHOLSON CLOSE might now be worth an estimated £526,429.

This is based on house price inflation of 34.3%, between January 2016 and February 2025, 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 34.3% inflationary increase is applied to the most recent sale price for 1 NICHOLSON CLOSE of £392,000 on 22nd January 2016. For the value to have increased from £392,000 to £526,429 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 NICHOLSON CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The January 2016 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NICHOLSON CLOSE has not materially changed since January 2016.

How Large is 1 NICHOLSON CLOSE?

1 NICHOLSON CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 1 NICHOLSON CLOSE lies on this distribution: 80% of detached houses houses are smaller than 1 NICHOLSON CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Warwick.

1 NICHOLSON CLOSE: Plot and Title Map

1 NICHOLSON CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 1 NICHOLSON CLOSE, 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 1 NICHOLSON CLOSE). 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 1 NICHOLSON CLOSE?

1 NICHOLSON CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 1 on NICHOLSON CLOSE.