12, MORECROFT DRIVE, WARWICK, CV34 6DF - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 MORECROFT DRIVE is a very large detached house of 176m², built sometime between 2003 and 2006. It was last sold for £475,000 in January 2014, which was around 20% above the average January 2014 detached price in the Warwick local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

12 MORECROFT DRIVE Sold Prices

Land registry data shows two sales for 12 MORECROFT DRIVE 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 12 MORECROFT DRIVE 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
2014 6 JAN	£475,000	£397,215	20% above HPI
2004 27 FEB	£355,000	£290,196	22% above HPI

12 MORECROFT 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 two 12 MORECROFT DRIVE sales from February 2004 and January 2014 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 February 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 12 MORECROFT DRIVE?

12 MORECROFT DRIVE is 176m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% 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 MORECROFT DRIVE lies on this distribution: 87% of detached houses are smaller than 12 MORECROFT DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Warwick.

12 MORECROFT DRIVE: Plot and Title Map

12 MORECROFT DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 12 MORECROFT 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 MORECROFT 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 MORECROFT DRIVE?

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