1, NEWSTEAD CLOSE, NUNEATON, CV11 6SH - £382,500

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.

1 NEWSTEAD CLOSE is a very large extended detached house of 163m², built sometime between 1983 and 1990, which could now be worth an estimated £454,467. It was last sold for £382,500 in September 2020, which was around 28% above the average September 2020 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

1 NEWSTEAD CLOSE Sold Prices

Land registry data shows three sales for 1 NEWSTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. All of the three 1 NEWSTEAD CLOSE sales were 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
2020 18 SEP	£382,500	£299,838	28% above HPI
2003 25 JUL	£192,000	£159,013	21% above HPI
2001 20 JUL	£118,000	£113,495	4% above HPI

1 NEWSTEAD CLOSE 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 three 1 NEWSTEAD CLOSE sales between July 2001 and September 2020 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 July 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 NEWSTEAD CLOSE be worth now?

1 NEWSTEAD CLOSE might now be worth an estimated £454,467.

This is based on house price inflation of 18.8%, between September 2020 and February 2025, 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 18.8% inflationary increase is applied to the most recent sale price for 1 NEWSTEAD CLOSE of £382,500 on 18th September 2020. For the value to have increased from £382,500 to £454,467 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 NEWSTEAD CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The September 2020 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 1 NEWSTEAD CLOSE has not materially changed since September 2020.

How Large is 1 NEWSTEAD CLOSE?

1 NEWSTEAD CLOSE is 163m², which includes three extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% 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 NEWSTEAD CLOSE lies on this distribution: 92% of detached houses houses are smaller than 1 NEWSTEAD CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

1 NEWSTEAD CLOSE: Plot and Title Map

1 NEWSTEAD CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 NEWSTEAD CLOSE, 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 NEWSTEAD CLOSE). 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 NEWSTEAD CLOSE?

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