1, TOWER ROAD, BEDWORTH, CV12 8RL - £148,000

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 TOWER ROAD is a very large extended detached house of 198m², built sometime between 1991 and 1995. It was last sold for £148,000 in August 2011, which was around 26% below the average August 2011 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

1 TOWER ROAD Sold Prices

Land registry data shows two sales for 1 TOWER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. Both of the two 1 TOWER ROAD 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
2011 19 AUG	£148,000	£199,347	26% below HPI
1995 12 OCT	£70,000	£72,448	3% below HPI

1 TOWER ROAD 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 two 1 TOWER ROAD sales from October 1995 and August 2011 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 October 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 TOWER ROAD?

1 TOWER ROAD is 198m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 10% 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 TOWER ROAD lies on this distribution: 98% of detached houses are smaller than 1 TOWER ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Bedworth.

1 TOWER ROAD: Plot and Title Map

1 TOWER ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 1 TOWER ROAD, 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 TOWER ROAD). 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 TOWER ROAD?

1 TOWER ROAD is located in BEDWORTH, in the CV12 postcode district. The below map shows the position of No. 1 on TOWER ROAD.