4, NICHOLSON CLOSE, WARWICK, CV34 5HE - £346,000

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.

4 NICHOLSON CLOSE is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £413,461. It was last sold for £346,000 in June 2021, which was around 38% below the average June 2021 detached price in the Warwick local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

4 NICHOLSON CLOSE Sold Prices

Land registry data shows two sales for 4 NICHOLSON 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 4 NICHOLSON 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
2021 28 JUN	£346,000	£553,783	38% below HPI
1998 11 SEP	£90,500	£157,838	43% below HPI

4 NICHOLSON 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 4 NICHOLSON CLOSE sales from September 1998 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 September 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 4 NICHOLSON CLOSE be worth now?

4 NICHOLSON CLOSE might now be worth an estimated £413,461.

This is based on house price inflation of 19.5%, between June 2021 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 19.5% inflationary increase is applied to the most recent sale price for 4 NICHOLSON CLOSE of £346,000 on 28th June 2021. For the value to have increased from £346,000 to £413,461 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 4 NICHOLSON CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The June 2021 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NICHOLSON CLOSE has not materially changed since June 2021.

How Large is 4 NICHOLSON CLOSE?

4 NICHOLSON CLOSE is 95m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 4 NICHOLSON CLOSE lies on this distribution: 20% of detached houses houses are smaller than 4 NICHOLSON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Warwick.

4 NICHOLSON CLOSE: Plot and Title Map

4 NICHOLSON CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 NICHOLSON 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 4 NICHOLSON 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 4 NICHOLSON CLOSE?

4 NICHOLSON CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 4 on NICHOLSON CLOSE.