9, LAUNCE GROVE, HEATHCOTE, WARWICK, CV34 6EH - £370,000

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.

9 LAUNCE GROVE is a very large detached house of 208m², built sometime between 1996 and 2002, which could now be worth an estimated £656,377. It was last sold for £370,000 in April 2012, which was around 1% below the average April 2012 detached price in the Warwick local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

9 LAUNCE GROVE Sold Prices

Land registry data shows two sales for 9 LAUNCE GROVE 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. One of the two 9 LAUNCE GROVE sales was for below the average price, whilst the other was 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
2012 17 APR	£370,000	£373,032	1% below HPI
2001 24 AUG	£268,500	£213,593	26% above HPI

9 LAUNCE GROVE 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 9 LAUNCE GROVE sales from August 2001 and April 2012 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 August 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2012 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 9 LAUNCE GROVE be worth now?

9 LAUNCE GROVE might now be worth an estimated £656,377.

This is based on house price inflation of 77.4%, between April 2012 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 77.4% inflationary increase is applied to the most recent sale price for 9 LAUNCE GROVE of £370,000 on 17th April 2012. For the value to have increased from £370,000 to £656,377 over the fourteen years to April 2026, the following assumptions must hold true:

• The value of 9 LAUNCE GROVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The April 2012 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LAUNCE GROVE has not materially changed since April 2012.

How Large is 9 LAUNCE GROVE?

9 LAUNCE GROVE is 208m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% 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 9 LAUNCE GROVE lies on this distribution: 94% of detached houses houses are smaller than 9 LAUNCE GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Warwick.

9 LAUNCE GROVE: Plot and Title Map

9 LAUNCE GROVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 9 LAUNCE GROVE, 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 9 LAUNCE GROVE). 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 9 LAUNCE GROVE?

9 LAUNCE GROVE is located in HEATHCOTE, in the CV34 postcode district. The below map shows the position of No. 9 on LAUNCE GROVE.