12, SCHOOL LANE, GALLEY COMMON, NUNEATON, CV10 9PA - £260,000

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 SCHOOL LANE is a small extended detached house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £342,509. It was last sold for £260,000 in January 2018, which was around 4% below the average January 2018 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was July 2017, where the current energy rating was F, and the potential energy rating was D.

12 SCHOOL LANE Sold Prices

Land registry data shows three sales for 12 SCHOOL LANE 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 SCHOOL LANE 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
2018 31 JAN	£260,000	£270,432	4% below HPI
2012 19 DEC	£188,000	£204,626	8% below HPI
1998 8 JAN	£19,000	£81,075	77% below HPI

12 SCHOOL LANE 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 SCHOOL LANE sales between January 1998 and January 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 December 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 12 SCHOOL LANE be worth now?

12 SCHOOL LANE might now be worth an estimated £342,509.

This is based on house price inflation of 31.7%, between January 2018 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 31.7% inflationary increase is applied to the most recent sale price for 12 SCHOOL LANE of £260,000 on 31st January 2018. For the value to have increased from £260,000 to £342,509 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 SCHOOL LANE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The January 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SCHOOL LANE has not materially changed since January 2018.

How Large is 12 SCHOOL LANE?

12 SCHOOL LANE is 88m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% 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 SCHOOL LANE lies on this distribution: 21% of detached houses houses are smaller than 12 SCHOOL LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

12 SCHOOL LANE: Plot and Title Map

12 SCHOOL LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 12 SCHOOL LANE, 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 SCHOOL LANE). 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 SCHOOL LANE?

12 SCHOOL LANE is located in GALLEY COMMON, in the CV10 postcode district. The below map shows the position of No. 12 on SCHOOL LANE.