74, ERICA DRIVE, WHITNASH, LEAMINGTON SPA, CV31 2RW - £495,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

74 ERICA DRIVE is a very large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £495,000 in July 2022, which was around 18% below the average July 2022 detached price in the Warwick local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

74 ERICA DRIVE Sold Prices

Land registry data shows four sales for 74 ERICA DRIVE 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. Most of the four 74 ERICA DRIVE 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 14 JUL	£495,000	£603,167	18% below HPI
2006 28 JUL	£305,000	£332,877	8% below HPI
2003 30 SEP	£264,000	£290,515	9% below HPI
2002 31 JAN	£230,000	£220,324	4% above HPI

74 ERICA DRIVE 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 74 ERICA DRIVE sales between January 2002 and July 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 July 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 74 ERICA DRIVE?

74 ERICA DRIVE is 137m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Whitnash, based on EPC data. The below chart shows the distribution of detached houses by size in Whitnash, and where 74 ERICA DRIVE lies on this distribution: 81% of detached houses are smaller than 74 ERICA DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Whitnash.

74 ERICA DRIVE: Plot and Title Map

74 ERICA DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 74 ERICA DRIVE, 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 74 ERICA DRIVE). 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 74 ERICA DRIVE?

74 ERICA DRIVE is located in WHITNASH, in the CV31 postcode district. The below map shows the position of No. 74 on ERICA DRIVE.