3, WATSON CLOSE, WARWICK, CV34 5SW - £345,000

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

3 WATSON CLOSE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £345,000 in January 2021, which was around 38% below the average January 2021 detached price in the Warwick local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 WATSON CLOSE Sold Prices

Land registry data shows four sales for 3 WATSON 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 WATSON 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 15 JAN	£345,000	£560,185	38% below HPI
2013 10 MAY	£250,000	£374,695	33% below HPI
2001 27 APR	£138,000	£208,952	34% below HPI
1998 24 SEP	£103,000	£157,204	34% below HPI

3 WATSON 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 WATSON CLOSE sales between September 1998 and January 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 May 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 WATSON CLOSE?

3 WATSON CLOSE is 98m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 3 WATSON CLOSE lies on this distribution: 23% of detached houses are smaller than 3 WATSON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Warwick.

3 WATSON CLOSE: Plot and Title Map

3 WATSON CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 WATSON 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 WATSON 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 WATSON CLOSE?

3 WATSON CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 3 on WATSON CLOSE.