2, CHARTWELL CLOSE, NUNEATON, CV11 6SL - £220,000

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.

2 CHARTWELL CLOSE is a very small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £310,075. It was last sold for £220,000 in November 2016, which was around 13% below the average November 2016 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

2 CHARTWELL CLOSE Sold Prices

Land registry data shows four sales for 2 CHARTWELL CLOSE 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. All of the four 2 CHARTWELL CLOSE 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
2016 30 NOV	£220,000	£252,763	13% below HPI
2006 27 JAN	£172,500	£201,277	14% below HPI
2005 16 DEC	£165,000	£198,246	17% below HPI
2001 6 APR	£96,000	£111,092	14% below HPI

2 CHARTWELL 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 four 2 CHARTWELL CLOSE sales between April 2001 and November 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 January 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 CHARTWELL CLOSE be worth now?

2 CHARTWELL CLOSE might now be worth an estimated £310,075.

This is based on house price inflation of 40.9%, between November 2016 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 40.9% inflationary increase is applied to the most recent sale price for 2 CHARTWELL CLOSE of £220,000 on 30th November 2016. For the value to have increased from £220,000 to £310,075 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 CHARTWELL CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The November 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHARTWELL CLOSE has not materially changed since November 2016.

How Large is 2 CHARTWELL CLOSE?

2 CHARTWELL CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in June 2016. 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 2 CHARTWELL CLOSE lies on this distribution: 19% of detached houses houses are smaller than 2 CHARTWELL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

2 CHARTWELL CLOSE: Plot and Title Map

2 CHARTWELL CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 CHARTWELL 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 2 CHARTWELL 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 2 CHARTWELL CLOSE?

2 CHARTWELL CLOSE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 2 on CHARTWELL CLOSE.