12, MIRANDA DRIVE, HEATHCOTE, WARWICK, CV34 6FE - £490,000

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

12 MIRANDA DRIVE is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £490,000 in November 2022, which was around 20% below the average November 2022 detached price in the Warwick local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

12 MIRANDA DRIVE Sold Prices

Land registry data shows three sales for 12 MIRANDA 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 12 MIRANDA 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
2022 9 NOV	£490,000	£613,150	20% below HPI
2002 24 MAY	£205,000	£237,256	14% below HPI
2000 8 MAY	£157,500	£191,728	18% below HPI

12 MIRANDA 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 12 MIRANDA DRIVE sales between May 2000 and November 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 May 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 MIRANDA DRIVE?

12 MIRANDA DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 12 MIRANDA DRIVE lies on this distribution: 43% of detached houses are smaller than 12 MIRANDA DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Warwick.

12 MIRANDA DRIVE: Plot and Title Map

12 MIRANDA DRIVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 12 MIRANDA 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 12 MIRANDA 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 12 MIRANDA DRIVE?

12 MIRANDA DRIVE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 12 on MIRANDA DRIVE.