12, CAERNARFON DRIVE, NUNEATON, CV11 4FP - £157,000

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

12 CAERNARFON DRIVE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £157,000 in July 2006, which was around 24% below the average July 2006 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

12 CAERNARFON DRIVE Sold Prices

Land registry data shows three sales for 12 CAERNARFON DRIVE 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 12 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
2006 7 JUL	£157,000	£205,902	24% below HPI
2001 14 DEC	£81,500	£116,989	30% below HPI
1996 23 DEC	£46,500	£74,662	38% below HPI

12 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 three 12 CAERNARFON DRIVE sales between December 1996 and July 2006 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 December 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 CAERNARFON DRIVE be worth now?

12 CAERNARFON DRIVE might now be worth an estimated £278,567.

This is based on house price inflation of 77.4%, between July 2006 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 77.4% inflationary increase is applied to the most recent sale price for 12 CAERNARFON DRIVE of £157,000 on 7th July 2006. For the value to have increased from £157,000 to £278,567 over the seventeen years and seven months to December 2024, the following assumptions must hold true:

• The value of 12 CAERNARFON DRIVE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The July 2006 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CAERNARFON DRIVE has not materially changed since July 2006.

How Large is 12 CAERNARFON DRIVE?

12 CAERNARFON DRIVE is 72m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 12 CAERNARFON DRIVE lies on this distribution: 6% of detached houses houses are smaller than 12 CAERNARFON DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

12 CAERNARFON DRIVE: Plot and Title Map

12 CAERNARFON DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 12 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 12 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 12 CAERNARFON DRIVE?

12 CAERNARFON DRIVE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 12 on CAERNARFON DRIVE.