40, OTHELLO AVENUE, HEATHCOTE, WARWICK, CV34 6ED - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 OTHELLO AVENUE is a small detached house of 104m², built sometime between 1996 and 2002. It was last sold for £385,000 in May 2016, which was around 19% below the average May 2016 detached price in the Warwick local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

40 OTHELLO AVENUE Sold Prices

Land registry data shows three sales for 40 OTHELLO AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 40 OTHELLO AVENUE 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
2016 16 MAY	£385,000	£477,421	19% below HPI
2004 19 NOV	£285,000	£315,331	10% below HPI
2000 7 DEC	£162,995	£198,337	18% below HPI

40 OTHELLO AVENUE 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 three 40 OTHELLO AVENUE sales between December 2000 and May 2016 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 OTHELLO AVENUE?

40 OTHELLO AVENUE is 104m² according to the EPC inspection conducted in September 2009. 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 40 OTHELLO AVENUE lies on this distribution: 30% of detached houses are smaller than 40 OTHELLO AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Warwick.

40 OTHELLO AVENUE: Plot and Title Map

40 OTHELLO AVENUE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 40 OTHELLO AVENUE, 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 40 OTHELLO AVENUE). 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 40 OTHELLO AVENUE?

40 OTHELLO AVENUE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 40 on OTHELLO AVENUE.