5, MEAKINS CLOSE, WARWICK, CV34 6NT - £340,000

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

5 MEAKINS CLOSE is a very small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £340,000 in January 2021, which was around 39% below the average January 2021 detached price in the Warwick local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

5 MEAKINS CLOSE Sold Prices

Land registry data shows five sales for 5 MEAKINS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the five 5 MEAKINS 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
2021 8 JAN	£340,000	£560,185	39% below HPI
2015 13 NOV	£303,000	£469,315	35% below HPI
2013 1 NOV	£264,500	£391,849	32% below HPI
2007 20 JUL	£245,000	£353,640	31% below HPI
2003 16 MAY	£205,000	£280,277	27% below HPI

5 MEAKINS 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 five 5 MEAKINS CLOSE sales between May 2003 and January 2021 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 MEAKINS CLOSE?

5 MEAKINS CLOSE is 87m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 MEAKINS CLOSE lies on this distribution: 11% of detached houses are smaller than 5 MEAKINS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Warwick.

5 MEAKINS CLOSE: Plot and Title Map

5 MEAKINS CLOSE sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 5 MEAKINS 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 5 MEAKINS 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 5 MEAKINS CLOSE?

5 MEAKINS CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 5 on MEAKINS CLOSE.