8, NEWEY DRIVE, KENILWORTH, CV8 1QS - £561,000

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 NEWEY DRIVE is a very large detached house of 183m², built sometime between 1996 and 2002, which could now be worth an estimated £688,127. It was last sold for £561,000 in February 2018, which was around 7% above the average February 2018 detached price in the Warwick local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

8 NEWEY DRIVE Sold Prices

Land registry data shows five sales for 8 NEWEY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the five 8 NEWEY DRIVE sales were 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 15 FEB	£561,000	£522,934	7% above HPI
2008 19 SEP	£445,000	£345,503	29% above HPI
2007 6 MAR	£440,000	£354,593	24% above HPI
2002 19 JUL	£317,500	£249,137	27% above HPI
1998 24 APR	£190,950	£151,021	26% above HPI

8 NEWEY 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 five 8 NEWEY DRIVE sales between April 1998 and February 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 September 2008 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 NEWEY DRIVE be worth now?

8 NEWEY DRIVE might now be worth an estimated £688,127.

This is based on house price inflation of 22.7%, between February 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 22.7% inflationary increase is applied to the most recent sale price for 8 NEWEY DRIVE of £561,000 on 15th February 2018. For the value to have increased from £561,000 to £688,127 over the seven years to February 2025, the following assumptions must hold true:

• The value of 8 NEWEY DRIVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The February 2018 sale price of £561,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEWEY DRIVE has not materially changed since February 2018.

How Large is 8 NEWEY DRIVE?

8 NEWEY DRIVE is 183m² according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kenilworth, and where 8 NEWEY DRIVE lies on this distribution: 83% of detached houses houses are smaller than 8 NEWEY DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

8 NEWEY DRIVE: Plot and Title Map

8 NEWEY DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 NEWEY 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 8 NEWEY 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 8 NEWEY DRIVE?

8 NEWEY DRIVE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 8 on NEWEY DRIVE.