2, PRICE CLOSE WEST, WARWICK, CV34 6NR - £253,250

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

2 PRICE CLOSE WEST is a very small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £453,330. It was last sold for £253,250 in February 2012, which was around 29% below the average February 2012 detached price in the Warwick local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 PRICE CLOSE WEST Sold Prices

Land registry data shows three sales for 2 PRICE CLOSE WEST 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 2 PRICE CLOSE WEST 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
2012 20 FEB	£253,250	£358,334	29% below HPI
2005 5 AUG	£240,000	£338,533	29% below HPI
2002 21 JUN	£164,500	£242,632	32% below HPI

2 PRICE CLOSE WEST 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 2 PRICE CLOSE WEST sales between June 2002 and February 2012 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 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2012 sale, which was also at 29% below the HPI.

What might 2 PRICE CLOSE WEST be worth now?

2 PRICE CLOSE WEST might now be worth an estimated £453,330.

This is based on house price inflation of 79%, between February 2012 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 79% inflationary increase is applied to the most recent sale price for 2 PRICE CLOSE WEST of £253,250 on 20th February 2012. For the value to have increased from £253,250 to £453,330 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 2 PRICE CLOSE WEST has moved in line with the HPI for detached houses in the Warwick local authority area.
• The February 2012 sale price of £253,250 represented a fair market value for the property.
• The size, condition, and specification of 2 PRICE CLOSE WEST has not materially changed since February 2012.

How Large is 2 PRICE CLOSE WEST?

2 PRICE CLOSE WEST is 88m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% 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 2 PRICE CLOSE WEST lies on this distribution: 11% of detached houses houses are smaller than 2 PRICE CLOSE WEST, and 88% of houses are larger. Note that EPC data is not available for all properties in Warwick.

2 PRICE CLOSE WEST: Plot and Title Map

2 PRICE CLOSE WEST sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 PRICE CLOSE WEST, 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 PRICE CLOSE WEST). 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 PRICE CLOSE WEST?

2 PRICE CLOSE WEST is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 2 on PRICE CLOSE WEST.