48, OTHELLO AVENUE, HEATHCOTE, WARWICK, CV34 6ED - £480,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 OTHELLO AVENUE is a large detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £503,244. It was last sold for £480,000 in December 2022, which was around 22% below the average December 2022 detached price in the Warwick local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

48 OTHELLO AVENUE Sold Prices

Land registry data shows four sales for 48 OTHELLO AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 48 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
2022 2 DEC	£480,000	£611,808	22% below HPI
2015 26 JUN	£394,950	£446,887	12% below HPI
2005 13 DEC	£298,000	£325,493	8% below HPI
2000 21 DEC	£197,990	£199,137	1% below HPI

48 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 four 48 OTHELLO AVENUE sales between December 2000 and December 2022 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 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 48 OTHELLO AVENUE be worth now?

48 OTHELLO AVENUE might now be worth an estimated £503,244.

This is based on house price inflation of 4.8%, between December 2022 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 4.8% inflationary increase is applied to the most recent sale price for 48 OTHELLO AVENUE of £480,000 on 2nd December 2022. For the value to have increased from £480,000 to £503,244 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 OTHELLO AVENUE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The December 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 48 OTHELLO AVENUE has not materially changed since December 2022.

How Large is 48 OTHELLO AVENUE?

48 OTHELLO AVENUE is 143m² according to the EPC inspection conducted in December 2014. This puts it in the largest 30% 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 48 OTHELLO AVENUE lies on this distribution: 70% of detached houses houses are smaller than 48 OTHELLO AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Warwick.

48 OTHELLO AVENUE: Plot and Title Map

48 OTHELLO AVENUE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 48 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 48 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 48 OTHELLO AVENUE?

48 OTHELLO AVENUE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 48 on OTHELLO AVENUE.