12, RILEY CLOSE, KENILWORTH, CV8 2SN - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 RILEY CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £482,657. It was last sold for £395,000 in December 2017, which was around 25% below the average December 2017 detached price in the Warwick local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

12 RILEY CLOSE Sold Prices

Land registry data shows four sales for 12 RILEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 12 RILEY 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
2017 18 DEC	£395,000	£524,942	25% below HPI
2010 10 AUG	£272,000	£355,794	24% below HPI
2002 5 APR	£190,000	£230,664	18% below HPI
1997 8 AUG	£110,000	£138,678	21% below HPI

12 RILEY 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 four 12 RILEY CLOSE sales between August 1997 and December 2017 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 August 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 RILEY CLOSE be worth now?

12 RILEY CLOSE might now be worth an estimated £482,657.

This is based on house price inflation of 22.2%, between December 2017 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 22.2% inflationary increase is applied to the most recent sale price for 12 RILEY CLOSE of £395,000 on 18th December 2017. For the value to have increased from £395,000 to £482,657 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 RILEY CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The December 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RILEY CLOSE has not materially changed since December 2017.

How Large is 12 RILEY CLOSE?

12 RILEY CLOSE is 86m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kenilworth, and where 12 RILEY CLOSE lies on this distribution: 11% of detached houses houses are smaller than 12 RILEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

12 RILEY CLOSE: Plot and Title Map

12 RILEY CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 RILEY 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 12 RILEY 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 12 RILEY CLOSE?

12 RILEY CLOSE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 12 on RILEY CLOSE.