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

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 RICHARDSON CLOSE is a small detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £469,207. 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	£587,837	27% below HPI
1997 12 DEC	£97,000	£143,608	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.

What might 1 RICHARDSON CLOSE be worth now?

1 RICHARDSON CLOSE might now be worth an estimated £469,207.

This is based on house price inflation of 9.1%, between March 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 9.1% inflationary increase is applied to the most recent sale price for 1 RICHARDSON CLOSE of £430,000 on 31st March 2022. For the value to have increased from £430,000 to £469,207 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 1 RICHARDSON CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The March 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RICHARDSON CLOSE has not materially changed since March 2022.

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 houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 1 RICHARDSON CLOSE lies on this distribution: 28% of detached houses 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.