38, REEVE DRIVE, KENILWORTH, CV8 2GA - £339,000

38 REEVE DRIVE is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £339,000 in July 2020, which was around 36% below the average July 2020 detached price in the Warwick local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

38 REEVE DRIVE Sold Prices

Land registry data shows four sales for 38 REEVE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 38 REEVE 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
2020 29 JUL	£339,000	£533,204	36% below HPI
2015 4 MAR	£295,000	£423,889	30% below HPI
2002 28 JUN	£161,000	£241,657	33% below HPI
1997 31 OCT	£99,995	£140,916	29% below HPI

38 REEVE 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 four 38 REEVE DRIVE sales between October 1997 and July 2020 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 March 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 38 REEVE DRIVE?

38 REEVE DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses by size in Kenilworth, and where 38 REEVE DRIVE lies on this distribution: 12% of detached houses are smaller than 38 REEVE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

38 REEVE DRIVE: Plot and Title Map

38 REEVE DRIVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 38 REEVE 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 38 REEVE 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 38 REEVE DRIVE?

38 REEVE DRIVE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 38 on REEVE DRIVE.