41, OTHELLO AVENUE, HEATHCOTE, WARWICK, CV34 6ED - £485,000

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

41 OTHELLO AVENUE is a large detached house of 145m², built sometime between 1996 and 2002. It was last sold for £485,000 in March 2016, which was around 3% above the average March 2016 detached price in the Warwick local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

41 OTHELLO AVENUE Sold Prices

Land registry data shows three sales for 41 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 41 OTHELLO AVENUE sales were for above 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 31 MAR	£485,000	£470,677	3% above HPI
2002 13 JUN	£268,000	£241,657	11% above HPI
2000 4 MAY	£226,995	£191,728	18% above HPI

41 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 41 OTHELLO AVENUE sales between May 2000 and March 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 June 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2016 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 41 OTHELLO AVENUE?

41 OTHELLO AVENUE is 145m² according to the EPC inspection conducted in October 2015. This puts it in the largest 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 41 OTHELLO AVENUE lies on this distribution: 73% of detached houses are smaller than 41 OTHELLO AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Warwick.

41 OTHELLO AVENUE: Plot and Title Map

41 OTHELLO AVENUE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 41 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 41 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 41 OTHELLO AVENUE?

41 OTHELLO AVENUE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 41 on OTHELLO AVENUE.