16, MELBOURNE CLOSE, NUNEATON, CV11 4RX - £170,000

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

16 MELBOURNE CLOSE is a very small semi-detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £258,616. It was last sold for £170,000 in August 2016, which was around 12% above the average August 2016 semi-detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

16 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 16 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. Both of the two 16 MELBOURNE CLOSE sales were for above 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
2016 31 AUG	£170,000	£152,329	12% above HPI
1995 28 FEB	£56,995	£44,307	29% above HPI

16 MELBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Nuneaton and Bedworth local authority area over time, sourced from the HPI. The two 16 MELBOURNE CLOSE sales from February 1995 and August 2016 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 February 1995 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 16 MELBOURNE CLOSE be worth now?

16 MELBOURNE CLOSE might now be worth an estimated £258,616.

This is based on house price inflation of 52.1%, between August 2016 and December 2024, for semi-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 52.1% inflationary increase is applied to the most recent sale price for 16 MELBOURNE CLOSE of £170,000 on 31st August 2016. For the value to have increased from £170,000 to £258,616 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 MELBOURNE CLOSE has moved in line with the HPI for semi-detached houses in the Nuneaton and Bedworth local authority area.
• The August 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MELBOURNE CLOSE has not materially changed since August 2016.

How Large is 16 MELBOURNE CLOSE?

16 MELBOURNE CLOSE is 68m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Nuneaton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nuneaton, and where 16 MELBOURNE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 16 MELBOURNE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

16 MELBOURNE CLOSE: Plot and Title Map

16 MELBOURNE CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 16 MELBOURNE 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 16 MELBOURNE 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 16 MELBOURNE CLOSE?

16 MELBOURNE CLOSE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 16 on MELBOURNE CLOSE.