2, YOUNG CLOSE, WARWICK, CV34 6PW - £385,000

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 YOUNG CLOSE is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £385,000 in March 2021, which was around 29% below the average March 2021 detached price in the Warwick local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 YOUNG CLOSE Sold Prices

Land registry data shows three sales for 2 YOUNG CLOSE 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 YOUNG CLOSE 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
2021 9 MAR	£385,000	£542,247	29% below HPI
2002 26 JUL	£188,000	£248,137	24% below HPI
2001 23 FEB	£150,500	£205,652	27% below HPI

2 YOUNG 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 three 2 YOUNG CLOSE sales between February 2001 and March 2021 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 July 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 YOUNG CLOSE?

2 YOUNG CLOSE is 85m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 YOUNG CLOSE lies on this distribution: 10% of detached houses are smaller than 2 YOUNG CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Warwick.

2 YOUNG CLOSE: Plot and Title Map

2 YOUNG CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 YOUNG 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 YOUNG 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 YOUNG CLOSE?

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