15, MORECROFT DRIVE, WARWICK, CV34 6NU - £280,000

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

15 MORECROFT DRIVE is a midsized detached house of 113m², built sometime between 2003 and 2006. It was last sold for £280,000 in October 2010, which was around 24% below the average October 2010 detached price in the Warwick local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

15 MORECROFT DRIVE Sold Prices

Land registry data shows three sales for 15 MORECROFT 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 15 MORECROFT 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
2010 5 OCT	£280,000	£368,337	24% below HPI
2005 29 APR	£230,000	£319,695	28% below HPI
2003 28 MAR	£210,000	£272,844	23% below HPI

15 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 three 15 MORECROFT DRIVE sales between March 2003 and October 2010 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 April 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2010 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 MORECROFT DRIVE?

15 MORECROFT DRIVE is 113m² according to the EPC inspection conducted in August 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 15 MORECROFT DRIVE lies on this distribution: 41% of detached houses are smaller than 15 MORECROFT DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Warwick.

15 MORECROFT DRIVE: Plot and Title Map

15 MORECROFT DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 15 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 15 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 15 MORECROFT DRIVE?

15 MORECROFT DRIVE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 15 on MORECROFT DRIVE.