Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 THE LAURELS is a very large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £299,950 in March 2018, which was around 12% above the average March 2018 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 1 THE LAURELS since 1st 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. Most of the five 1 THE LAURELS 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 |
---|---|---|---|
2018 23 MAR | £299,950 | £268,834 | 12% above HPI |
2014 28 FEB | £250,000 | £202,119 | 24% above HPI |
2007 14 DEC | £213,000 | £219,252 | 3% below HPI |
2002 9 MAY | £135,000 | £122,566 | 10% above HPI |
1996 21 JUN | £74,500 | £69,968 | 6% above HPI |
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 THE LAURELS sales between June 1996 and March 2018 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 February 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
1 THE LAURELS is 133m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% of detached houses in Bedworth, based on EPC data. The below chart shows the distribution of detached houses by size in Bedworth, and where 1 THE LAURELS lies on this distribution: 86% of detached houses are smaller than 1 THE LAURELS, and 13% of houses are larger. Note that EPC data is not available for all properties in Bedworth.
1 THE LAURELS sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 1 THE LAURELS, 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 THE LAURELS). 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.
1 THE LAURELS is located in BEDWORTH, in the CV12 postcode district. The below map shows the position of No. 1 on THE LAURELS.