21, MARNE CLOSE, WARWICK, CV34 4NH - £215,000

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.

21 MARNE CLOSE is a very small extended terraced house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £343,868. It was last sold for £215,000 in May 2014, which was around 7% above the average May 2014 terraced price in the Warwick local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

21 MARNE CLOSE Sold Prices

Land registry data shows four sales for 21 MARNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Warwick local authority area for the corresponding sale date. All of the four 21 MARNE 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
2014 16 MAY	£215,000	£200,326	7% above HPI
2005 23 JUN	£192,000	£163,164	18% above HPI
2002 29 NOV	£155,000	£115,733	34% above HPI
2002 25 JAN	£138,500	£97,424	42% above HPI

21 MARNE 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 four 21 MARNE CLOSE sales between January 2002 and May 2014 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 June 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 21 MARNE CLOSE be worth now?

21 MARNE CLOSE might now be worth an estimated £343,868.

This is based on house price inflation of 59.9%, between May 2014 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 59.9% inflationary increase is applied to the most recent sale price for 21 MARNE CLOSE of £215,000 on 16th May 2014. For the value to have increased from £215,000 to £343,868 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 21 MARNE CLOSE has moved in line with the HPI for terraced houses in the Warwick local authority area.
• The May 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MARNE CLOSE has not materially changed since May 2014.

How Large is 21 MARNE CLOSE?

21 MARNE CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 21 MARNE CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 21 MARNE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Warwick.

21 MARNE CLOSE: Plot and Title Map

21 MARNE CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 21 MARNE 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 21 MARNE 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 21 MARNE CLOSE?

21 MARNE CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 21 on MARNE CLOSE.