5, LAUNCE GROVE, HEATHCOTE, WARWICK, CV34 6EH - £320,000

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

5 LAUNCE GROVE is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £320,000 in August 2018, which was around 40% below the average August 2018 detached price in the Warwick local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

5 LAUNCE GROVE Sold Prices

Land registry data shows two sales for 5 LAUNCE GROVE 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 5 LAUNCE GROVE 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 24 AUG	£320,000	£530,131	40% below HPI
2001 6 DEC	£155,500	£215,388	28% below HPI

5 LAUNCE GROVE 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 5 LAUNCE GROVE sales from December 2001 and August 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 December 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 LAUNCE GROVE?

5 LAUNCE GROVE is 116m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 5 LAUNCE GROVE lies on this distribution: 44% of detached houses are smaller than 5 LAUNCE GROVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Warwick.

5 LAUNCE GROVE: Plot and Title Map

5 LAUNCE GROVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 5 LAUNCE GROVE, 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 5 LAUNCE GROVE). 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 5 LAUNCE GROVE?

5 LAUNCE GROVE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 5 on LAUNCE GROVE.