2, ROWAN DRIVE, WARWICK, CV34 5JS - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ROWAN DRIVE is a small extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £525,000 in April 2023, which was around 13% below the average April 2023 detached price in the Warwick local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

2 ROWAN DRIVE Sold Prices

Land registry data shows four sales for 2 ROWAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. two of the four 2 ROWAN DRIVE sales were for below the average price, and four were 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
2023 6 APR	£525,000	£604,444	13% below HPI
2019 24 JUN	£475,000	£534,439	11% below HPI
1997 9 APR	£136,000	£127,077	7% above HPI
1996 22 JAN	£129,000	£114,755	12% above HPI

2 ROWAN 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 four 2 ROWAN DRIVE sales between January 1996 and April 2023 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 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 ROWAN DRIVE?

2 ROWAN DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 ROWAN DRIVE lies on this distribution: 40% of detached houses are smaller than 2 ROWAN DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Warwick.

2 ROWAN DRIVE: Plot and Title Map

2 ROWAN DRIVE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 2 ROWAN 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 2 ROWAN 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 2 ROWAN DRIVE?

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