1, READER CLOSE, WARWICK, CV34 7AJ - £765,000

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 READER CLOSE is a very large detached house of 216m², which could now be worth an estimated £814,182. It was last sold for £765,000 in August 2022, which was around 27% above the average August 2022 detached price in the Warwick local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

1 READER CLOSE Sold Prices

Land registry data shows three sales for 1 READER 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 READER CLOSE sales were for above 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 12 AUG	£765,000	£602,688	27% above HPI
2021 25 JUN	£675,000	£553,783	22% above HPI
2019 28 MAR	£685,995	£531,845	29% above HPI

1 READER 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 READER CLOSE sales between March 2019 and August 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 June 2021 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 1 READER CLOSE be worth now?

1 READER CLOSE might now be worth an estimated £814,182.

This is based on house price inflation of 6.4%, between August 2022 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 6.4% inflationary increase is applied to the most recent sale price for 1 READER CLOSE of £765,000 on 12th August 2022. For the value to have increased from £765,000 to £814,182 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 READER CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The August 2022 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of 1 READER CLOSE has not materially changed since August 2022.

How Large is 1 READER CLOSE?

1 READER CLOSE is 216m² according to the EPC inspection conducted in March 2019. This puts it in the largest 10% 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 READER CLOSE lies on this distribution: 94% of detached houses houses are smaller than 1 READER CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Warwick.

1 READER CLOSE: Plot and Title Map

1 READER CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1 READER 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 READER 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 READER CLOSE?

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