12, CORNWALL CLOSE, WARWICK, CV34 5HX - £342,500

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.

12 CORNWALL CLOSE is a very small extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £425,821. It was last sold for £342,500 in August 2018, which was around 36% below the average August 2018 detached price in the Warwick local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

12 CORNWALL CLOSE Sold Prices

Land registry data shows two sales for 12 CORNWALL 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 12 CORNWALL 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
2018 24 AUG	£342,500	£532,269	36% below HPI
2007 15 FEB	£235,000	£352,125	33% below HPI

12 CORNWALL 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 12 CORNWALL CLOSE sales from February 2007 and August 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 February 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 12 CORNWALL CLOSE be worth now?

12 CORNWALL CLOSE might now be worth an estimated £425,821.

This is based on house price inflation of 24.3%, between August 2018 and April 2026, 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 24.3% inflationary increase is applied to the most recent sale price for 12 CORNWALL CLOSE of £342,500 on 24th August 2018. For the value to have increased from £342,500 to £425,821 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 12 CORNWALL CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The August 2018 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 12 CORNWALL CLOSE has not materially changed since August 2018.

How Large is 12 CORNWALL CLOSE?

12 CORNWALL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 12 CORNWALL CLOSE lies on this distribution: 18% of detached houses houses are smaller than 12 CORNWALL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Warwick.

12 CORNWALL CLOSE: Plot and Title Map

12 CORNWALL CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 12 CORNWALL 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 12 CORNWALL 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 12 CORNWALL CLOSE?

12 CORNWALL CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 12 on CORNWALL CLOSE.