7, WELSH CLOSE, WARWICK, CV34 5JY - £197,000

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 WELSH CLOSE is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £197,000 in May 2009, which was around 36% below the average May 2009 detached price in the Warwick local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

7 WELSH CLOSE Sold Prices

Land registry data shows three sales for 7 WELSH CLOSE 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 WELSH 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
2009 8 MAY	£197,000	£305,653	36% below HPI
2002 16 AUG	£156,000	£252,843	38% below HPI
1996 19 DEC	£78,000	£124,829	38% below HPI

7 WELSH 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 three 7 WELSH CLOSE sales between December 1996 and May 2009 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 August 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2009 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 WELSH CLOSE?

7 WELSH CLOSE is 101m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% 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 WELSH CLOSE lies on this distribution: 27% of detached houses are smaller than 7 WELSH CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Warwick.

7 WELSH CLOSE: Plot and Title Map

7 WELSH CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 7 WELSH 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 7 WELSH 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 7 WELSH CLOSE?

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