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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FALCON CLOSE is a large extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £245,000 in May 2012, which was around 25% 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	£195,358	25% above HPI
2004 29 JUL	£245,000	£184,709	33% above HPI
2001 4 APR	£135,000	£109,719	23% above HPI
1999 27 AUG	£40,000	£89,044	55% 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 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2012 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

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 in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 2 FALCON CLOSE lies on this distribution: 71% of detached houses are smaller than 2 FALCON CLOSE, and 29% 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.