7, PENCRAIG CLOSE, KENILWORTH, CV8 2NT - £423,750

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.

7 PENCRAIG CLOSE is a very small extended detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £508,291. It was last sold for £423,750 in October 2018, which was around 22% below the average October 2018 detached price in the Warwick local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

7 PENCRAIG CLOSE Sold Prices

Land registry data shows four sales for 7 PENCRAIG CLOSE 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 7 PENCRAIG 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
2018 26 OCT	£423,750	£545,302	22% below HPI
2007 15 JUN	£336,000	£355,732	6% below HPI
2003 28 FEB	£249,950	£276,302	10% below HPI
1996 29 NOV	£110,500	£124,676	11% below HPI

7 PENCRAIG 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 four 7 PENCRAIG CLOSE sales between November 1996 and October 2018 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 June 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 PENCRAIG CLOSE be worth now?

7 PENCRAIG CLOSE might now be worth an estimated £508,291.

This is based on house price inflation of 20%, between October 2018 and March 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 20% inflationary increase is applied to the most recent sale price for 7 PENCRAIG CLOSE of £423,750 on 26th October 2018. For the value to have increased from £423,750 to £508,291 over the eight years and seven months to March 2026, the following assumptions must hold true:

• The value of 7 PENCRAIG CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The October 2018 sale price of £423,750 represented a fair market value for the property.
• The size, condition, and specification of 7 PENCRAIG CLOSE has not materially changed since October 2018.

How Large is 7 PENCRAIG CLOSE?

7 PENCRAIG CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kenilworth, and where 7 PENCRAIG CLOSE lies on this distribution: 19% of detached houses houses are smaller than 7 PENCRAIG CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

7 PENCRAIG CLOSE: Plot and Title Map

7 PENCRAIG CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 7 PENCRAIG 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 7 PENCRAIG 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 7 PENCRAIG CLOSE?

7 PENCRAIG CLOSE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 7 on PENCRAIG CLOSE.