12, STERLING WAY, NUNEATON, CV11 4YA - £280,000

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 STERLING WAY is a midsized detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £305,532. It was last sold for £280,000 in June 2022, which was around 16% below the average June 2022 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

12 STERLING WAY Sold Prices

Land registry data shows four sales for 12 STERLING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. Most of the four 12 STERLING WAY 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
2022 20 JUN	£280,000	£334,805	16% below HPI
2004 26 MAR	£162,500	£174,342	7% below HPI
1999 26 JUL	£83,500	£90,011	7% below HPI
1996 20 DEC	£80,000	£74,662	7% above HPI

12 STERLING WAY 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 four 12 STERLING WAY sales between December 1996 and June 2022 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 March 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 STERLING WAY be worth now?

12 STERLING WAY might now be worth an estimated £305,532.

This is based on house price inflation of 9.1%, between June 2022 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 9.1% inflationary increase is applied to the most recent sale price for 12 STERLING WAY of £280,000 on 20th June 2022. For the value to have increased from £280,000 to £305,532 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 12 STERLING WAY has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The June 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 12 STERLING WAY has not materially changed since June 2022.

How Large is 12 STERLING WAY?

12 STERLING WAY is 106m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 STERLING WAY lies on this distribution: 44% of detached houses houses are smaller than 12 STERLING WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

12 STERLING WAY: Plot and Title Map

12 STERLING WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 12 STERLING WAY, 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 STERLING WAY). 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 STERLING WAY?

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