3, RILEY CLOSE, KENILWORTH, CV8 2SN - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RILEY CLOSE is a very small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £529,869. It was last sold for £325,000 in November 2013, which was around 17% below the average November 2013 detached price in the Warwick local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

3 RILEY CLOSE Sold Prices

Land registry data shows four sales for 3 RILEY CLOSE 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. All of the four 3 RILEY 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
2013 20 NOV	£325,000	£393,430	17% below HPI
2009 2 OCT	£296,000	£335,360	12% below HPI
2003 27 JUN	£248,000	£278,152	11% below HPI
2000 24 MAR	£130,000	£184,905	30% below HPI

3 RILEY 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 four 3 RILEY CLOSE sales between March 2000 and November 2013 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 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2013 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 RILEY CLOSE be worth now?

3 RILEY CLOSE might now be worth an estimated £529,869.

This is based on house price inflation of 63%, between November 2013 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 63% inflationary increase is applied to the most recent sale price for 3 RILEY CLOSE of £325,000 on 20th November 2013. For the value to have increased from £325,000 to £529,869 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 RILEY CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The November 2013 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RILEY CLOSE has not materially changed since November 2013.

How Large is 3 RILEY CLOSE?

3 RILEY CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in April 2009. 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 RILEY CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 RILEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

3 RILEY CLOSE: Plot and Title Map

3 RILEY CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 3 RILEY 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 RILEY 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 RILEY CLOSE?

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