2, ADDINGHAM CLOSE, WARWICK, CV34 5XB - £270,000

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.

2 ADDINGHAM CLOSE is a very small terraced house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £313,243. It was last sold for £270,000 in January 2021, which was around 2% below the average January 2021 terraced price in the Warwick local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 ADDINGHAM CLOSE Sold Prices

Land registry data shows two sales for 2 ADDINGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Warwick local authority area for the corresponding sale date. One of the two 2 ADDINGHAM CLOSE sales was for below the average price, whilst the other was 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
2021 14 JAN	£270,000	£276,168	2% below HPI
2014 27 OCT	£235,000	£212,631	11% above HPI

2 ADDINGHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Warwick local authority area over time, sourced from the HPI. The two 2 ADDINGHAM CLOSE sales from October 2014 and January 2021 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 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 ADDINGHAM CLOSE be worth now?

2 ADDINGHAM CLOSE might now be worth an estimated £313,243.

This is based on house price inflation of 16%, between January 2021 and May 2026, for terraced 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 16% inflationary increase is applied to the most recent sale price for 2 ADDINGHAM CLOSE of £270,000 on 14th January 2021. For the value to have increased from £270,000 to £313,243 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 ADDINGHAM CLOSE has moved in line with the HPI for terraced houses in the Warwick local authority area.
• The January 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ADDINGHAM CLOSE has not materially changed since January 2021.

How Large is 2 ADDINGHAM CLOSE?

2 ADDINGHAM CLOSE is 70m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of terraced houses houses in Warwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Warwick, and where 2 ADDINGHAM CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 2 ADDINGHAM CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Warwick.

2 ADDINGHAM CLOSE: Plot and Title Map

2 ADDINGHAM CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 2 ADDINGHAM 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 2 ADDINGHAM 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 2 ADDINGHAM CLOSE?

2 ADDINGHAM CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 2 on ADDINGHAM CLOSE.