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 NORTON DRIVE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £380,000 in April 2023, which was around 37% below the average April 2023 detached price in the Warwick local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8 NORTON DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 8 NORTON DRIVE 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 |
---|---|---|---|
2023 17 APR | £380,000 | £604,444 | 37% below HPI |
2020 25 SEP | £290,000 | £543,514 | 47% below HPI |
2019 20 DEC | £290,000 | £526,798 | 45% below HPI |
2009 4 SEP | £235,000 | £330,526 | 29% below HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 8 NORTON DRIVE sales between September 2009 and April 2023 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 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
8 NORTON DRIVE is 74m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 NORTON DRIVE lies on this distribution: 3% of detached houses are smaller than 8 NORTON DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Warwick.
8 NORTON DRIVE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 8 NORTON 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 NORTON 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.
8 NORTON DRIVE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 8 on NORTON DRIVE.