40, THE BUTTS, WARWICK, CV34 4ST - £500,000

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.

40 THE BUTTS is a large terraced house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £618,830. It was last sold for £500,000 in November 2019, which was around 93% above the average November 2019 terraced price in the Warwick local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

40 THE BUTTS Sold Prices

Land registry data shows five sales for 40 THE BUTTS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Warwick local authority area for the corresponding sale date. All of the five 40 THE BUTTS 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
2019 15 NOV	£500,000	£258,875	93% above HPI
2016 29 MAR	£450,000	£230,551	95% above HPI
2007 30 JAN	£341,000	£175,501	94% above HPI
2002 31 MAY	£249,999	£106,451	135% above HPI
1995 4 JUL	£117,000	£55,146	112% above HPI

40 THE BUTTS 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 five 40 THE BUTTS sales between July 1995 and November 2019 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 2016 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the November 2019 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 40 THE BUTTS be worth now?

40 THE BUTTS might now be worth an estimated £618,830.

This is based on house price inflation of 23.8%, between November 2019 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 23.8% inflationary increase is applied to the most recent sale price for 40 THE BUTTS of £500,000 on 15th November 2019. For the value to have increased from £500,000 to £618,830 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 40 THE BUTTS has moved in line with the HPI for terraced houses in the Warwick local authority area.
• The November 2019 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THE BUTTS has not materially changed since November 2019.

How Large is 40 THE BUTTS?

40 THE BUTTS is 133m² according to the EPC inspection conducted in February 2016. This puts it in the largest 40% 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 40 THE BUTTS lies on this distribution: 63% of terraced houses houses are smaller than 40 THE BUTTS, and 36% of houses are larger. Note that EPC data is not available for all properties in Warwick.

40 THE BUTTS: Plot and Title Map

40 THE BUTTS sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 40 THE BUTTS, 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 40 THE BUTTS). 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 40 THE BUTTS?

40 THE BUTTS is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 40 on THE BUTTS.