3, DAVIS CLOSE, LEAMINGTON SPA, CV32 6RT - £448,000

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.

3 DAVIS CLOSE is a small extended detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £638,193. It was last sold for £448,000 in September 2015, which was around 4% below the average September 2015 detached price in the Warwick local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

3 DAVIS CLOSE Sold Prices

Land registry data shows two sales for 3 DAVIS 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 3 DAVIS 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
2015 2 SEP	£448,000	£464,541	4% below HPI
1999 21 SEP	£150,000	£174,048	14% below HPI

3 DAVIS 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 3 DAVIS CLOSE sales from September 1999 and September 2015 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 DAVIS CLOSE be worth now?

3 DAVIS CLOSE might now be worth an estimated £638,193.

This is based on house price inflation of 42.5%, between September 2015 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 42.5% inflationary increase is applied to the most recent sale price for 3 DAVIS CLOSE of £448,000 on 2nd September 2015. For the value to have increased from £448,000 to £638,193 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 3 DAVIS CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The September 2015 sale price of £448,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DAVIS CLOSE has not materially changed since September 2015.

How Large is 3 DAVIS CLOSE?

3 DAVIS CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 3 DAVIS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 3 DAVIS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Royal Leamington Spa.

3 DAVIS CLOSE: Plot and Title Map

3 DAVIS CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 3 DAVIS 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 3 DAVIS 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 3 DAVIS CLOSE?

3 DAVIS CLOSE is located in LEAMINGTON SPA, in the CV32 postcode district. The below map shows the position of No. 3 on DAVIS CLOSE.