1, RICHARDSON CLOSE, WARWICK, CV34 5HD - £430,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 RICHARDSON CLOSE is a small detached house of 103m², built sometime between 1976 and 1982. It was last sold for £430,000 in March 2022, which was around 27% below the average March 2022 detached price in the Warwick local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

1 RICHARDSON CLOSE Sold Prices

Land registry data shows two sales for 1 RICHARDSON CLOSE 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 1 RICHARDSON 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
2022 31 MAR	£430,000	£585,475	27% below HPI
1997 12 DEC	£97,000	£143,032	32% below HPI

1 RICHARDSON 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 two 1 RICHARDSON CLOSE sales from December 1997 and March 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 December 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 RICHARDSON CLOSE?

1 RICHARDSON CLOSE is 103m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 1 RICHARDSON CLOSE lies on this distribution: 28% of detached houses are smaller than 1 RICHARDSON CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Warwick.

1 RICHARDSON CLOSE: Plot and Title Map

1 RICHARDSON CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 1 RICHARDSON 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 RICHARDSON 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 RICHARDSON CLOSE?

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