18, PURSER DRIVE, WARWICK, CV34 6BW - £433,000

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.

18 PURSER DRIVE is a small detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £493,875. It was last sold for £433,000 in December 2020, which was around 23% below the average December 2020 detached price in the Warwick local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

18 PURSER DRIVE Sold Prices

Land registry data shows three sales for 18 PURSER 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 18 PURSER 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
2020 4 DEC	£433,000	£562,372	23% below HPI
2014 4 AUG	£320,000	£424,044	25% below HPI
2004 20 AUG	£275,000	£326,329	16% below HPI

18 PURSER 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 18 PURSER DRIVE sales between August 2004 and December 2020 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 18 PURSER DRIVE be worth now?

18 PURSER DRIVE might now be worth an estimated £493,875.

This is based on house price inflation of 14.1%, between December 2020 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 14.1% inflationary increase is applied to the most recent sale price for 18 PURSER DRIVE of £433,000 on 4th December 2020. For the value to have increased from £433,000 to £493,875 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 PURSER DRIVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The December 2020 sale price of £433,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PURSER DRIVE has not materially changed since December 2020.

How Large is 18 PURSER DRIVE?

18 PURSER DRIVE is 112m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 18 PURSER DRIVE lies on this distribution: 39% of detached houses houses are smaller than 18 PURSER DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Warwick.

18 PURSER DRIVE: Plot and Title Map

18 PURSER DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 18 PURSER 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 18 PURSER 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 18 PURSER DRIVE?

18 PURSER DRIVE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 18 on PURSER DRIVE.