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
31 MARTINIQUE SQUARE is a very small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £415,000 in February 2021, which was around 25% below the average February 2021 detached price in the Warwick local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 31 MARTINIQUE SQUARE since 1st 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. Most of the four 31 MARTINIQUE SQUARE 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 25 FEB | £415,000 | £552,917 | 25% below HPI |
2017 30 JUN | £385,000 | £499,851 | 23% below HPI |
2017 13 MAR | £415,000 | £496,995 | 16% below HPI |
2001 5 OCT | £247,500 | £216,699 | 14% above HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 31 MARTINIQUE SQUARE sales between October 2001 and February 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 June 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
31 MARTINIQUE SQUARE is 94m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 31 MARTINIQUE SQUARE lies on this distribution: 20% of detached houses are smaller than 31 MARTINIQUE SQUARE, and 80% of houses are larger. Note that EPC data is not available for all properties in Warwick.
31 MARTINIQUE SQUARE sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of 31 MARTINIQUE SQUARE, 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 31 MARTINIQUE SQUARE). 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.
31 MARTINIQUE SQUARE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 31 on MARTINIQUE SQUARE.