7, OTHELLO AVENUE, HEATHCOTE, WARWICK, CV34 6ED - £590,000

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

7 OTHELLO AVENUE is a very large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £590,000 in December 2021, which was around 4% above the average December 2021 detached price in the Warwick local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

7 OTHELLO AVENUE Sold Prices

Land registry data shows two sales for 7 OTHELLO AVENUE 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 7 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
2021 14 DEC	£590,000	£567,526	4% above HPI
2000 21 DEC	£215,000	£198,337	8% above HPI

7 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 two 7 OTHELLO AVENUE sales from December 2000 and December 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 December 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7 OTHELLO AVENUE?

7 OTHELLO AVENUE is 158m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 7 OTHELLO AVENUE lies on this distribution: 81% of detached houses are smaller than 7 OTHELLO AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Warwick.

7 OTHELLO AVENUE: Plot and Title Map

7 OTHELLO AVENUE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 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 7 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 7 OTHELLO AVENUE?

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