2, READER CLOSE, WARWICK, CV34 7AJ - £625,000

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 READER CLOSE is a large detached house of 146m². It was last sold for £625,000 in August 2024, which was about the average August 2024 detached price in the Warwick local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

2 READER CLOSE Sold Prices

Land registry data shows two sales for 2 READER 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. One of the two 2 READER CLOSE sales was roughly equal to the average price, whilst the other was for above 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
2024 30 AUG	£625,000	£627,776	Close to HPI
2019 31 OCT	£539,995	£536,960	1% above HPI

2 READER 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 2 READER CLOSE sales from October 2019 and August 2024 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 October 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 READER CLOSE?

2 READER CLOSE is 146m² according to the EPC inspection conducted in January 2019. This puts it in the largest 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 2 READER CLOSE lies on this distribution: 73% of detached houses are smaller than 2 READER CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Warwick.

2 READER CLOSE: Plot and Title Map

2 READER CLOSE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 2 READER 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 2 READER 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 2 READER CLOSE?

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