Crank Tick - Should I return to dealer?

My nearly 1 yr old Trek has recently developed a distinct ticking sound coming from the crank - as it only occurs when the pedal is in one position, the sound is more noticable under load, and happens no matter what gear is selected.
Other bikes I've had have always made odd squeaks and rattles etc, but this one has been silent since new, and has only just started making this noise.
Its still under warranty - should I get this checked out - could it be serious?
Other bikes I've had have always made odd squeaks and rattles etc, but this one has been silent since new, and has only just started making this noise.
Its still under warranty - should I get this checked out - could it be serious?
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Park Tools has a guide you can follow o diagnosing noises.
Has it been serviced recently?
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