7, FARZENS AVENUE, WARWICK, CV34 6DU - £297,500

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

7 FARZENS AVENUE is a very small extended detached house of 84m², built sometime between 2003 and 2006. It was last sold for £297,500 in April 2021, which was around 45% below the average April 2021 detached price in the Warwick local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

7 FARZENS AVENUE Sold Prices

Land registry data shows three sales for 7 FARZENS 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 7 FARZENS 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
2021 29 APR	£297,500	£540,892	45% below HPI
2012 2 NOV	£243,000	£371,574	35% below HPI
2003 31 OCT	£185,995	£293,913	37% below HPI

7 FARZENS 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 7 FARZENS AVENUE sales between October 2003 and April 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 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 FARZENS AVENUE?

7 FARZENS AVENUE is 84m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 7 FARZENS AVENUE lies on this distribution: 9% of detached houses are smaller than 7 FARZENS AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Warwick.

7 FARZENS AVENUE: Plot and Title Map

7 FARZENS AVENUE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 7 FARZENS 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 7 FARZENS 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 7 FARZENS AVENUE?

7 FARZENS AVENUE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 7 on FARZENS AVENUE.