2, LAUNCE GROVE, HEATHCOTE, WARWICK, CV34 6EH - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LAUNCE GROVE is a large detached house of 133m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2006, which was around 31% below the average January 2006 detached price in the Warwick local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 LAUNCE GROVE Sold Prices

Land registry data shows two sales for 2 LAUNCE GROVE 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 2 LAUNCE GROVE 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
2006 27 JAN	£225,000	£324,101	31% below HPI
2001 30 NOV	£157,500	£216,247	27% below HPI

2 LAUNCE GROVE 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 2 LAUNCE GROVE sales from November 2001 and January 2006 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 November 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2006 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 LAUNCE GROVE?

2 LAUNCE GROVE is 133m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 2 LAUNCE GROVE lies on this distribution: 62% of detached houses are smaller than 2 LAUNCE GROVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Warwick.

2 LAUNCE GROVE: Plot and Title Map

2 LAUNCE GROVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 2 LAUNCE GROVE, 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 2 LAUNCE GROVE). 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 2 LAUNCE GROVE?

2 LAUNCE GROVE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 2 on LAUNCE GROVE.