8, LOVAGE CLOSE, PADGATE, WARRINGTON, WA2 0UQ - £232,500

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 LOVAGE CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £232,500 in March 2020, which was around 30% below the average March 2020 detached price in the Warrington local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

8 LOVAGE CLOSE Sold Prices

Land registry data shows two sales for 8 LOVAGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warrington local authority area for the corresponding sale date. Both of the two 8 LOVAGE 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
2020 24 MAR	£232,500	£330,062	30% below HPI
2003 8 OCT	£152,000	£202,915	25% below HPI

8 LOVAGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warrington local authority area over time, sourced from the HPI. The two 8 LOVAGE CLOSE sales from October 2003 and March 2020 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 LOVAGE CLOSE?

8 LOVAGE CLOSE is 68m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Warrington, based on EPC data. The below chart shows the distribution of detached houses by size in Warrington, and where 8 LOVAGE CLOSE lies on this distribution: 4% of detached houses are smaller than 8 LOVAGE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Warrington.

8 LOVAGE CLOSE: Plot and Title Map

8 LOVAGE CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 8 LOVAGE 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 8 LOVAGE 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 8 LOVAGE CLOSE?

8 LOVAGE CLOSE is located in PADGATE, in the WA2 postcode district. The below map shows the position of No. 8 on LOVAGE CLOSE.