15, PIERS CLOSE, WARWICK, CV34 5HS - £312,500

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 PIERS CLOSE is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £312,500 in December 2018, which was around 42% below the average December 2018 detached price in the Warwick local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

15 PIERS CLOSE Sold Prices

Land registry data shows two sales for 15 PIERS 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 15 PIERS 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
2018 10 DEC	£312,500	£540,560	42% below HPI
1998 16 JAN	£85,000	£143,152	41% below HPI

15 PIERS 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 15 PIERS CLOSE sales from January 1998 and December 2018 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 January 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 15 PIERS CLOSE?

15 PIERS CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% 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 PIERS CLOSE lies on this distribution: 25% of detached houses are smaller than 15 PIERS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Warwick.

15 PIERS CLOSE: Plot and Title Map

15 PIERS CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 15 PIERS 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 15 PIERS 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 15 PIERS CLOSE?

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