38, PURSER DRIVE, WARWICK, CV34 6BW - £225,000

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

38 PURSER DRIVE is a small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £225,000 in September 2013, which was around 41% below the average September 2013 detached price in the Warwick local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

38 PURSER DRIVE Sold Prices

Land registry data shows two sales for 38 PURSER DRIVE 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 38 PURSER DRIVE 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 16 SEP	£225,000	£381,856	41% below HPI
2006 24 MAR	£275,000	£320,454	14% below HPI

38 PURSER DRIVE 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 38 PURSER DRIVE sales from March 2006 and September 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 March 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 38 PURSER DRIVE?

38 PURSER DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in December 2023. 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 38 PURSER DRIVE lies on this distribution: 28% of detached houses are smaller than 38 PURSER DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Warwick.

38 PURSER DRIVE: Plot and Title Map

38 PURSER DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 38 PURSER DRIVE, 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 38 PURSER DRIVE). 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 38 PURSER DRIVE?

38 PURSER DRIVE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 38 on PURSER DRIVE.