2, FALCON CLOSE, NUNEATON, CV11 6TE - £245,000

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 FALCON CLOSE is a large extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £441,256. It was last sold for £245,000 in May 2012, which was around 24% above the average May 2012 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

2 FALCON CLOSE Sold Prices

Land registry data shows four sales for 2 FALCON 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. Most of the four 2 FALCON 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
2012 11 MAY	£245,000	£197,803	24% above HPI
2004 29 JUL	£245,000	£187,020	31% above HPI
2001 4 APR	£135,000	£111,092	22% above HPI
1999 27 AUG	£40,000	£90,158	56% below HPI

2 FALCON 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 FALCON CLOSE sales between August 1999 and May 2012 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 July 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2012 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 FALCON CLOSE be worth now?

2 FALCON CLOSE might now be worth an estimated £441,256.

This is based on house price inflation of 80.1%, between May 2012 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 80.1% inflationary increase is applied to the most recent sale price for 2 FALCON CLOSE of £245,000 on 11th May 2012. For the value to have increased from £245,000 to £441,256 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 FALCON CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The May 2012 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FALCON CLOSE has not materially changed since May 2012.

How Large is 2 FALCON CLOSE?

2 FALCON CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 2 FALCON CLOSE lies on this distribution: 72% of detached houses houses are smaller than 2 FALCON CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

2 FALCON CLOSE: Plot and Title Map

2 FALCON CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 2 FALCON 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 FALCON 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 FALCON CLOSE?

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