8, LEAR GROVE, HEATHCOTE, WARWICK, CV34 6XG - £440,000

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

8 LEAR GROVE is a very large detached house of 164m², built sometime between 1996 and 2002. It was last sold for £440,000 in December 2016, which was around 13% below the average December 2016 detached price in the Warwick local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

8 LEAR GROVE Sold Prices

Land registry data shows two sales for 8 LEAR GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 8 LEAR GROVE 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
2016 21 DEC	£440,000	£507,567	13% below HPI
1998 23 OCT	£134,995	£160,344	16% below HPI

8 LEAR GROVE 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 two 8 LEAR GROVE sales from October 1998 and December 2016 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 LEAR GROVE?

8 LEAR GROVE is 164m² according to the EPC inspection conducted in October 2016. This puts it in the largest 20% 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 LEAR GROVE lies on this distribution: 83% of detached houses are smaller than 8 LEAR GROVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Warwick.

8 LEAR GROVE: Plot and Title Map

8 LEAR GROVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 8 LEAR GROVE, 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 LEAR GROVE). 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 LEAR GROVE?

8 LEAR GROVE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 8 on LEAR GROVE.