33, MORECROFT DRIVE, WARWICK, CV34 6NU - £390,000

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.

33 MORECROFT DRIVE is a midsized detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £456,372. It was last sold for £390,000 in June 2021, which was around 30% below the average June 2021 detached price in the Warwick local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

33 MORECROFT DRIVE Sold Prices

Land registry data shows three sales for 33 MORECROFT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 33 MORECROFT DRIVE 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
2021 28 JUN	£390,000	£553,783	30% below HPI
2005 18 FEB	£247,000	£328,997	25% below HPI
2003 26 FEB	£210,000	£276,302	24% below HPI

33 MORECROFT DRIVE 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 three 33 MORECROFT DRIVE sales between February 2003 and June 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 February 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 33 MORECROFT DRIVE be worth now?

33 MORECROFT DRIVE might now be worth an estimated £456,372.

This is based on house price inflation of 17%, between June 2021 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 17% inflationary increase is applied to the most recent sale price for 33 MORECROFT DRIVE of £390,000 on 28th June 2021. For the value to have increased from £390,000 to £456,372 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 33 MORECROFT DRIVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The June 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 33 MORECROFT DRIVE has not materially changed since June 2021.

How Large is 33 MORECROFT DRIVE?

33 MORECROFT DRIVE is 113m² according to the EPC inspection conducted in September 2014. 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 33 MORECROFT DRIVE lies on this distribution: 41% of detached houses houses are smaller than 33 MORECROFT DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Warwick.

33 MORECROFT DRIVE: Plot and Title Map

33 MORECROFT DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 33 MORECROFT DRIVE, 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 33 MORECROFT DRIVE). 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 33 MORECROFT DRIVE?

33 MORECROFT DRIVE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 33 on MORECROFT DRIVE.