2, LOVELL CLOSE, EXHALL, COVENTRY, CV7 9QD - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LOVELL CLOSE is a large extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £225,000 in March 2017, which was around 11% below the average March 2017 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

2 LOVELL CLOSE Sold Prices

Land registry data shows four sales for 2 LOVELL 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. two of the four 2 LOVELL CLOSE sales were for below the average price, and four 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
2017 27 MAR	£225,000	£252,385	11% below HPI
2002 9 AUG	£130,000	£134,253	3% below HPI
2000 23 JUN	£122,000	£96,882	26% above HPI
1999 25 FEB	£87,000	£86,491	1% above HPI

2 LOVELL 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 LOVELL CLOSE sales between February 1999 and March 2017 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 August 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 LOVELL CLOSE?

2 LOVELL CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of detached houses in Bedworth, based on EPC data. The below chart shows the distribution of detached houses by size in Bedworth, and where 2 LOVELL CLOSE lies on this distribution: 64% of detached houses are smaller than 2 LOVELL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bedworth.

2 LOVELL CLOSE: Plot and Title Map

2 LOVELL CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 LOVELL 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 LOVELL 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 LOVELL CLOSE?

2 LOVELL CLOSE is located in EXHALL, in the CV7 postcode district. The below map shows the position of No. 2 on LOVELL CLOSE.