3, FERNHILL CLOSE, KENILWORTH, CV8 1AN - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 FERNHILL CLOSE is a very small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £580,994. It was last sold for £385,000 in November 2014, which was around 9% below the average November 2014 detached price in the Warwick local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

3 FERNHILL CLOSE Sold Prices

Land registry data shows two sales for 3 FERNHILL 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. Both of the two 3 FERNHILL 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
2014 28 NOV	£385,000	£425,052	9% below HPI
2014 28 FEB	£280,000	£399,627	30% below HPI

3 FERNHILL 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 3 FERNHILL CLOSE sales from February 2014 and November 2014 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 February 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 FERNHILL CLOSE be worth now?

3 FERNHILL CLOSE might now be worth an estimated £580,994.

This is based on house price inflation of 50.9%, between November 2014 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 50.9% inflationary increase is applied to the most recent sale price for 3 FERNHILL CLOSE of £385,000 on 28th November 2014. For the value to have increased from £385,000 to £580,994 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 FERNHILL CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The November 2014 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FERNHILL CLOSE has not materially changed since November 2014.

How Large is 3 FERNHILL CLOSE?

3 FERNHILL CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kenilworth, and where 3 FERNHILL CLOSE lies on this distribution: 18% of detached houses houses are smaller than 3 FERNHILL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

3 FERNHILL CLOSE: Plot and Title Map

3 FERNHILL CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 3 FERNHILL 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 3 FERNHILL 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 3 FERNHILL CLOSE?

3 FERNHILL CLOSE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 3 on FERNHILL CLOSE.