4, REDCAR CLOSE, LEAMINGTON SPA, CV32 7SU - £474,000

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 REDCAR CLOSE is a midsized detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £566,610. It was last sold for £474,000 in June 2019, which was around 12% below the average June 2019 detached price in the Warwick local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

4 REDCAR CLOSE Sold Prices

Land registry data shows two sales for 4 REDCAR CLOSE 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 4 REDCAR 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
2019 28 JUN	£474,000	£536,595	12% below HPI
2015 14 AUG	£398,000	£460,029	13% below HPI

4 REDCAR 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 two 4 REDCAR CLOSE sales from August 2015 and June 2019 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 August 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 REDCAR CLOSE be worth now?

4 REDCAR CLOSE might now be worth an estimated £566,610.

This is based on house price inflation of 19.5%, between June 2019 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 19.5% inflationary increase is applied to the most recent sale price for 4 REDCAR CLOSE of £474,000 on 28th June 2019. For the value to have increased from £474,000 to £566,610 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 4 REDCAR CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The June 2019 sale price of £474,000 represented a fair market value for the property.
• The size, condition, and specification of 4 REDCAR CLOSE has not materially changed since June 2019.

How Large is 4 REDCAR CLOSE?

4 REDCAR CLOSE is 122m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% 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 4 REDCAR CLOSE lies on this distribution: 41% of detached houses houses are smaller than 4 REDCAR CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

4 REDCAR CLOSE: Plot and Title Map

4 REDCAR CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 4 REDCAR 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 4 REDCAR 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 4 REDCAR CLOSE?

4 REDCAR CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 4 on REDCAR CLOSE.