38, WYCH ELM DRIVE, LEAMINGTON SPA, CV31 3QR - £322,500

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.

38 WYCH ELM DRIVE is a very small extended detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £367,840. It was last sold for £322,500 in December 2020, which was around 43% below the average December 2020 detached price in the Warwick local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

38 WYCH ELM DRIVE Sold Prices

Land registry data shows two sales for 38 WYCH ELM 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 WYCH ELM 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
2020 4 DEC	£322,500	£562,372	43% below HPI
1996 22 NOV	£85,995	£124,676	31% below HPI

38 WYCH ELM 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 WYCH ELM DRIVE sales from November 1996 and December 2020 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 November 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 38 WYCH ELM DRIVE be worth now?

38 WYCH ELM DRIVE might now be worth an estimated £367,840.

This is based on house price inflation of 14.1%, between December 2020 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 14.1% inflationary increase is applied to the most recent sale price for 38 WYCH ELM DRIVE of £322,500 on 4th December 2020. For the value to have increased from £322,500 to £367,840 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 WYCH ELM DRIVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The December 2020 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 38 WYCH ELM DRIVE has not materially changed since December 2020.

How Large is 38 WYCH ELM DRIVE?

38 WYCH ELM DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 38 WYCH ELM DRIVE lies on this distribution: 7% of detached houses houses are smaller than 38 WYCH ELM DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

38 WYCH ELM DRIVE: Plot and Title Map

38 WYCH ELM DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 38 WYCH ELM 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 WYCH ELM 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 WYCH ELM DRIVE?

38 WYCH ELM DRIVE is located in LEAMINGTON SPA, in the CV31 postcode district. The below map shows the position of No. 38 on WYCH ELM DRIVE.