2, NICHOLSON CLOSE, WARWICK, CV34 5HE - £345,000

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.

2 NICHOLSON CLOSE is a very small extended detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £416,373. It was last sold for £345,000 in May 2021, which was around 37% below the average May 2021 detached price in the Warwick local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

2 NICHOLSON CLOSE Sold Prices

Land registry data shows one sale for 2 NICHOLSON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Warwick local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 14 MAY	£345,000	£548,321	37% below HPI

What might 2 NICHOLSON CLOSE be worth now?

2 NICHOLSON CLOSE might now be worth an estimated £416,373.

This is based on house price inflation of 20.7%, between May 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 20.7% inflationary increase is applied to the most recent sale price for 2 NICHOLSON CLOSE of £345,000 on 14th May 2021. For the value to have increased from £345,000 to £416,373 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 2 NICHOLSON CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The May 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NICHOLSON CLOSE has not materially changed since May 2021.

How Large is 2 NICHOLSON CLOSE?

2 NICHOLSON CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 2 NICHOLSON CLOSE lies on this distribution: 16% of detached houses are smaller than 2 NICHOLSON CLOSE, and 82% of detached houses are larger. Note that EPC data is not available for all properties in Warwick.

2 NICHOLSON CLOSE: Plot

2 NICHOLSON CLOSE sits on a plot of roughly 0.075 of an acre, or 302m².

Where is 2 NICHOLSON CLOSE?

2 NICHOLSON CLOSE is located in WARWICK, in the CV34 postcode district.