18, BRODICK WAY, NUNEATON, CV10 7LH - £197,500

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.

18 BRODICK WAY is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £251,768. It was last sold for £197,500 in February 2019, which was around 29% below the average February 2019 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

18 BRODICK WAY Sold Prices

Land registry data shows three sales for 18 BRODICK WAY 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 18 BRODICK 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
2019 1 FEB	£197,500	£279,463	29% below HPI
1998 15 MAY	£55,000	£82,929	34% below HPI
1998 15 APR	£54,000	£84,213	36% below HPI

18 BRODICK 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 three 18 BRODICK WAY sales between April 1998 and February 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 May 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 18 BRODICK WAY be worth now?

18 BRODICK WAY might now be worth an estimated £251,768.

This is based on house price inflation of 27.5%, between February 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 27.5% inflationary increase is applied to the most recent sale price for 18 BRODICK WAY of £197,500 on 1st February 2019. For the value to have increased from £197,500 to £251,768 over the six years to February 2025, the following assumptions must hold true:

• The value of 18 BRODICK WAY has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The February 2019 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 18 BRODICK WAY has not materially changed since February 2019.

How Large is 18 BRODICK WAY?

18 BRODICK WAY is 85m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 18 BRODICK WAY lies on this distribution: 17% of detached houses houses are smaller than 18 BRODICK WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

18 BRODICK WAY: Plot and Title Map

18 BRODICK WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 18 BRODICK 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 18 BRODICK 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 18 BRODICK WAY?

18 BRODICK WAY is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 18 on BRODICK WAY.