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
8 FARZENS AVENUE is a large detached house of 133m², built sometime between 2003 and 2006. It was last sold for £425,000 in March 2018, which was around 18% below the average March 2018 detached price in the Warwick local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 FARZENS AVENUE since 1st 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. Two of the three 8 FARZENS AVENUE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2018 2 MAR | £425,000 | £519,613 | 18% below HPI |
2017 3 NOV | £425,000 | £520,510 | 18% below HPI |
2006 15 DEC | £360,000 | £347,828 | 3% above HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 8 FARZENS AVENUE sales between December 2006 and March 2018 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2018 sale, which was also at 18% below the HPI.
8 FARZENS AVENUE is 133m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 8 FARZENS AVENUE lies on this distribution: 63% of detached houses are smaller than 8 FARZENS AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Warwick.
8 FARZENS AVENUE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 8 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 8 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.
8 FARZENS AVENUE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 8 on FARZENS AVENUE.