1, CAERNARFON DRIVE, NUNEATON, CV11 4FP - £242,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CAERNARFON DRIVE is a small extended detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £257,640. It was last sold for £242,000 in January 2024, which was around 29% below the average January 2024 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

1 CAERNARFON DRIVE Sold Prices

Land registry data shows five sales for 1 CAERNARFON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. All of the five 1 CAERNARFON DRIVE 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
2024 26 JAN	£242,000	£343,158	29% below HPI
2003 20 JAN	£84,000	£138,086	39% below HPI
2001 24 SEP	£62,000	£115,798	46% below HPI
1998 30 MAR	£49,950	£81,618	39% below HPI
1995 20 JAN	£46,000	£76,465	40% below HPI

1 CAERNARFON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Nuneaton and Bedworth local authority area over time, sourced from the HPI. The five 1 CAERNARFON DRIVE sales between January 1995 and January 2024 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 January 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 CAERNARFON DRIVE be worth now?

1 CAERNARFON DRIVE might now be worth an estimated £257,640.

This is based on house price inflation of 6.5%, between January 2024 and December 2024, for detached houses, in the Nuneaton and Bedworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 1 CAERNARFON DRIVE of £242,000 on 26th January 2024. For the value to have increased from £242,000 to £257,640 over the one month to December 2024, the following assumptions must hold true:

• The value of 1 CAERNARFON DRIVE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The January 2024 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CAERNARFON DRIVE has not materially changed since January 2024.

How Large is 1 CAERNARFON DRIVE?

1 CAERNARFON DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nuneaton, and where 1 CAERNARFON DRIVE lies on this distribution: 29% of detached houses houses are smaller than 1 CAERNARFON DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

1 CAERNARFON DRIVE: Plot and Title Map

1 CAERNARFON DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 1 CAERNARFON DRIVE, 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 1 CAERNARFON DRIVE). 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 1 CAERNARFON DRIVE?

1 CAERNARFON DRIVE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 1 on CAERNARFON DRIVE.