2, WAKE GROVE, WARWICK, CV34 6PN - £479,000

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 WAKE GROVE is a midsized detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £569,024. It was last sold for £479,000 in August 2019, which was around 12% below the average August 2019 detached price in the Warwick local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

2 WAKE GROVE Sold Prices

Land registry data shows five sales for 2 WAKE GROVE 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. Most of the five 2 WAKE GROVE 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
2019 14 AUG	£479,000	£545,506	12% below HPI
2014 12 DEC	£399,950	£426,672	6% below HPI
2011 26 AUG	£350,000	£362,894	4% below HPI
1998 16 OCT	£160,000	£160,990	1% below HPI
1996 6 SEP	£137,500	£122,821	12% above HPI

2 WAKE GROVE 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 2 WAKE GROVE sales between September 1996 and August 2019 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 December 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 WAKE GROVE be worth now?

2 WAKE GROVE might now be worth an estimated £569,024.

This is based on house price inflation of 18.8%, between August 2019 and May 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 18.8% inflationary increase is applied to the most recent sale price for 2 WAKE GROVE of £479,000 on 14th August 2019. For the value to have increased from £479,000 to £569,024 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 2 WAKE GROVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The August 2019 sale price of £479,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WAKE GROVE has not materially changed since August 2019.

How Large is 2 WAKE GROVE?

2 WAKE GROVE is 114m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% 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 2 WAKE GROVE lies on this distribution: 42% of detached houses houses are smaller than 2 WAKE GROVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Warwick.

2 WAKE GROVE: Plot and Title Map

2 WAKE GROVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 WAKE GROVE, 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 WAKE GROVE). 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 WAKE GROVE?

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