1, GARWAY CLOSE, LEAMINGTON SPA, CV32 6LH - £375,000

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.

1 GARWAY CLOSE is a large extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £649,720. It was last sold for £375,000 in February 2011, which was around 1% above the average February 2011 detached price in the Warwick local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

1 GARWAY CLOSE Sold Prices

Land registry data shows two sales for 1 GARWAY 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 Warwick local authority area for the corresponding sale date. Both of the two 1 GARWAY CLOSE 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
2011 4 FEB	£375,000	£370,218	1% above HPI
2003 25 APR	£315,000	£272,702	16% above HPI

1 GARWAY CLOSE 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 1 GARWAY CLOSE sales from April 2003 and February 2011 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 April 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2011 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 GARWAY CLOSE be worth now?

1 GARWAY CLOSE might now be worth an estimated £649,720.

This is based on house price inflation of 73.3%, between February 2011 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 73.3% inflationary increase is applied to the most recent sale price for 1 GARWAY CLOSE of £375,000 on 4th February 2011. For the value to have increased from £375,000 to £649,720 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 1 GARWAY CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The February 2011 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GARWAY CLOSE has not materially changed since February 2011.

How Large is 1 GARWAY CLOSE?

1 GARWAY CLOSE is 153m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses houses in Royal Leamington Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Leamington Spa, and where 1 GARWAY CLOSE lies on this distribution: 63% of detached houses houses are smaller than 1 GARWAY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

1 GARWAY CLOSE: Plot and Title Map

1 GARWAY CLOSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 1 GARWAY 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 1 GARWAY 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 1 GARWAY CLOSE?

1 GARWAY CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 1 on GARWAY CLOSE.