7, YOUNG CLOSE, WARWICK, CV34 6PW - £355,000

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

7 YOUNG CLOSE is a very small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £355,000 in September 2022, which was around 41% below the average September 2022 detached price in the Warwick local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

7 YOUNG CLOSE Sold Prices

Land registry data shows four sales for 7 YOUNG CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 7 YOUNG 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
2022 15 SEP	£355,000	£605,574	41% below HPI
2006 17 OCT	£248,000	£350,527	29% below HPI
2003 19 FEB	£195,000	£275,192	29% below HPI
1997 28 NOV	£103,650	£141,637	27% below HPI

7 YOUNG 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 four 7 YOUNG CLOSE sales between November 1997 and September 2022 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 October 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 YOUNG CLOSE?

7 YOUNG CLOSE is 77m² according to the EPC inspection conducted in January 2019. 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 YOUNG CLOSE lies on this distribution: 5% of detached houses are smaller than 7 YOUNG CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Warwick.

7 YOUNG CLOSE: Plot and Title Map

7 YOUNG CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 7 YOUNG 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 YOUNG 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 YOUNG CLOSE?

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