16, GOLDACRE CLOSE, WHITNASH, LEAMINGTON SPA, CV31 2TW - £224,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 GOLDACRE CLOSE is a very small detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £437,340. It was last sold for £224,950 in August 2004, which was around 31% below the average August 2004 detached price in the Warwick local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

16 GOLDACRE CLOSE Sold Prices

Land registry data shows two sales for 16 GOLDACRE 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 16 GOLDACRE 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
2004 20 AUG	£224,950	£326,329	31% below HPI
2001 8 JUN	£129,950	£210,783	38% below HPI

16 GOLDACRE 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 16 GOLDACRE CLOSE sales from June 2001 and August 2004 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 June 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2004 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 16 GOLDACRE CLOSE be worth now?

16 GOLDACRE CLOSE might now be worth an estimated £437,340.

This is based on house price inflation of 94.4%, between August 2004 and December 2024, 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 94.4% inflationary increase is applied to the most recent sale price for 16 GOLDACRE CLOSE of £224,950 on 20th August 2004. For the value to have increased from £224,950 to £437,340 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 GOLDACRE CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The August 2004 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 16 GOLDACRE CLOSE has not materially changed since August 2004.

How Large is 16 GOLDACRE CLOSE?

16 GOLDACRE CLOSE is 66m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 16 GOLDACRE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 16 GOLDACRE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

16 GOLDACRE CLOSE: Plot and Title Map

16 GOLDACRE CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 16 GOLDACRE 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 16 GOLDACRE 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 16 GOLDACRE CLOSE?

16 GOLDACRE CLOSE is located in WHITNASH, in the CV31 postcode district. The below map shows the position of No. 16 on GOLDACRE CLOSE.