12, FALCON CLOSE, NUNEATON, CV11 6TE - £295,000

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.

12 FALCON CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £374,048. It was last sold for £295,000 in May 2019, which was around 5% above the average May 2019 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

12 FALCON CLOSE Sold Prices

Land registry data shows three sales for 12 FALCON 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. One of the three 12 FALCON CLOSE sales was for above the average price, whilst two 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
2019 7 MAY	£295,000	£280,965	5% above HPI
2005 28 JAN	£194,000	£195,353	1% below HPI
1996 23 AUG	£68,000	£75,343	10% below HPI

12 FALCON 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 12 FALCON CLOSE sales between August 1996 and May 2019 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 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 12 FALCON CLOSE be worth now?

12 FALCON CLOSE might now be worth an estimated £374,048.

This is based on house price inflation of 26.8%, between May 2019 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 26.8% inflationary increase is applied to the most recent sale price for 12 FALCON CLOSE of £295,000 on 7th May 2019. For the value to have increased from £295,000 to £374,048 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 12 FALCON CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The May 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FALCON CLOSE has not materially changed since May 2019.

How Large is 12 FALCON CLOSE?

12 FALCON CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% 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 FALCON CLOSE lies on this distribution: 33% of detached houses houses are smaller than 12 FALCON CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

12 FALCON CLOSE: Plot and Title Map

12 FALCON CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 12 FALCON 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 12 FALCON 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 12 FALCON CLOSE?

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