8, FARZENS AVENUE, WARWICK, CV34 6DU - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FARZENS AVENUE is a large detached house of 133m², built sometime between 2003 and 2006, which could now be worth an estimated £522,532. It was last sold for £425,000 in March 2018, which was around 19% 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.

8 FARZENS AVENUE Sold Prices

Land registry data shows three sales for 8 FARZENS AVENUE 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. 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	£521,709	19% below HPI
2017 3 NOV	£425,000	£522,609	19% below HPI
2006 15 DEC	£360,000	£349,231	3% above HPI

8 FARZENS 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 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2018 sale, which was also at 19% below the HPI.

What might 8 FARZENS AVENUE be worth now?

8 FARZENS AVENUE might now be worth an estimated £522,532.

This is based on house price inflation of 22.9%, between March 2018 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 8 FARZENS AVENUE of £425,000 on 2nd March 2018. For the value to have increased from £425,000 to £522,532 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 8 FARZENS AVENUE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The March 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FARZENS AVENUE has not materially changed since March 2018.

How Large is 8 FARZENS AVENUE?

8 FARZENS AVENUE is 133m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 8 FARZENS AVENUE lies on this distribution: 63% of detached houses 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: Plot and Title Map

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.

Where is 8 FARZENS AVENUE?

8 FARZENS AVENUE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 8 on FARZENS AVENUE.