4, MORECROFT DRIVE, WARWICK, CV34 6DF - £329,950

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.

4 MORECROFT DRIVE is a very small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £405,670. It was last sold for £329,950 in March 2018, which was around 37% below the average March 2018 detached price in the Warwick local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

4 MORECROFT DRIVE Sold Prices

Land registry data shows five sales for 4 MORECROFT DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the five 4 MORECROFT 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
2018 2 MAR	£329,950	£521,709	37% below HPI
2011 23 NOV	£247,500	£358,429	31% below HPI
2007 29 JUN	£249,995	£355,732	30% below HPI
2005 27 JUN	£236,000	£328,976	28% below HPI
2004 31 MAR	£194,995	£300,261	35% below HPI

4 MORECROFT 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 five 4 MORECROFT DRIVE sales between March 2004 and March 2018 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 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 MORECROFT DRIVE be worth now?

4 MORECROFT DRIVE might now be worth an estimated £405,670.

This is based on house price inflation of 22.9%, between March 2018 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 22.9% inflationary increase is applied to the most recent sale price for 4 MORECROFT DRIVE of £329,950 on 2nd March 2018. For the value to have increased from £329,950 to £405,670 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 4 MORECROFT DRIVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The March 2018 sale price of £329,950 represented a fair market value for the property.
• The size, condition, and specification of 4 MORECROFT DRIVE has not materially changed since March 2018.

How Large is 4 MORECROFT DRIVE?

4 MORECROFT DRIVE is 81m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 4 MORECROFT DRIVE lies on this distribution: 7% of detached houses houses are smaller than 4 MORECROFT DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Warwick.

4 MORECROFT DRIVE: Plot and Title Map

4 MORECROFT DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 4 MORECROFT 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 4 MORECROFT 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 4 MORECROFT DRIVE?

4 MORECROFT DRIVE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 4 on MORECROFT DRIVE.