27, MILLBANK, WARWICK, CV34 5TH - £340,000

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

27 MILLBANK is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £340,000 in October 2022, which was around 44% below the average October 2022 detached price in the Warwick local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

27 MILLBANK Sold Prices

Land registry data shows five sales for 27 MILLBANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the five 27 MILLBANK 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
2022 31 OCT	£340,000	£608,841	44% below HPI
2019 9 MAY	£300,000	£524,039	43% below HPI
2008 3 MAR	£240,000	£371,855	35% below HPI
1999 9 JUL	£87,000	£167,829	48% below HPI
1995 23 JUN	£63,000	£117,454	46% below HPI

27 MILLBANK 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 five 27 MILLBANK sales between June 1995 and October 2022 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 May 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 27 MILLBANK?

27 MILLBANK is 77m² according to the EPC inspection conducted in January 2018. 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 27 MILLBANK lies on this distribution: 5% of detached houses are smaller than 27 MILLBANK, and 95% of houses are larger. Note that EPC data is not available for all properties in Warwick.

27 MILLBANK: Plot and Title Map

27 MILLBANK sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 27 MILLBANK, 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 27 MILLBANK). 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 27 MILLBANK?

27 MILLBANK is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 27 on MILLBANK.