Feb 07, 2023 by HM

House prices in Kineton (CV35 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Kineton (CV35 0).

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Price per square metre

Knowing the average house price in Kineton is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 2, St Peters Road, Kineton, Wellesbourne, sold for £229,000 on Jul-2023. Given the internal area of 81 square metres, the price per sqm is £2,827.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 144 sales in Kineton (CV35 0) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Kineton (CV35 0). Of the 144 transactions, half were sold for between £3,310 and £4,440 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,440m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CV35 0' is £3,660. The table below shows how 'CV35 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV35 9 Wellesbourne	£3,340m2	£3,800m2	£4,150m2
CV35 0 Kineton	£3,310m2	£3,660m2	£4,440m2
CV35 8 Barford	£3,530m2	£4,230m2	£4,790m2
CV35 7 Hatton Park	£3,820m2	£4,380m2	£4,990m2

Will Kineton house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CV35 0 (Kineton). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CV35 0 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Kineton and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Kineton data or any other data I am given.

Price map for Kineton

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Kineton. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Kineton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Kineton Road, Kineton, CV35 0H	184m2	£3,586	11
Birdhaven Close, Kineton, CV35 0B	65m2	£3,363	11
Banbury Road, Kineton, CV35 0J	103m2	£3,505	9
Roxburgh Close, Kineton, CV35 0J	109m2	£2,860	8
Hutton Road, Kineton, CV35 0F	112m2	£3,524	8
Aspen Fields, Kineton, CV35 0F	140m2	£3,839	8
Banbury Street, Kineton, CV35 0J	126m2	£2,847	8
Southam Street, Kineton, CV35 0L	99m2	£3,053	8

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Court Close, Kineton, CV35 0P	84m2	£4,449	10
Leys Field, Kineton, CV35 0F	143m2	£3,578	11

Court Close, Kineton, CV35 0P has seen 10 new build sales in the last 4 years (average price £363,791). These new build homes typically have an internal area of 84 m2, with an average price of £4,449 m2. This £sqm average is £789 above the average for CV35 0. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Kineton is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
2, St Peters Rd, Kineton, Wellesbourne	£229,000 Jul-2023	81	2,827
9, Glosters Green, Kineton, Wellesbourne	£350,000 Jul-2023	70	5,000
Ladies Orchard, Main St, Kineton, Wellesbourne	£445,000 Jul-2023	77	5,779

See the entire list of all sales in Kineton (CV35 0) here.