2, THE LEYS, BEDWORTH, CV12 8AJ - £208,500

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.

2 THE LEYS is a very small detached house of 65m², built sometime from 2007 onwards, which could now be worth an estimated £265,585. It was last sold for £208,500 in November 2018, which was around 25% below the average November 2018 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

2 THE LEYS Sold Prices

Land registry data shows four sales for 2 THE LEYS 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 THE LEYS 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
2018 9 NOV	£208,500	£279,679	25% below HPI
2016 22 JUL	£181,750	£241,074	25% below HPI
2015 9 DEC	£186,600	£230,230	19% below HPI
2008 19 DEC	£136,500	£190,139	28% below HPI

2 THE LEYS 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 THE LEYS sales between December 2008 and November 2018 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2018 sale, which was also at 25% below the HPI.

What might 2 THE LEYS be worth now?

2 THE LEYS might now be worth an estimated £265,585.

This is based on house price inflation of 27.4%, between November 2018 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 27.4% inflationary increase is applied to the most recent sale price for 2 THE LEYS of £208,500 on 9th November 2018. For the value to have increased from £208,500 to £265,585 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 THE LEYS has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The November 2018 sale price of £208,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LEYS has not materially changed since November 2018.

How Large is 2 THE LEYS?

2 THE LEYS is 65m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses houses in Bedworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedworth, and where 2 THE LEYS lies on this distribution: 5% of detached houses houses are smaller than 2 THE LEYS, and 94% of houses are larger. Note that EPC data is not available for all properties in Bedworth.

2 THE LEYS: Plot and Title Map

2 THE LEYS sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 THE LEYS, 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 THE LEYS). 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 THE LEYS?

2 THE LEYS is located in BEDWORTH, in the CV12 postcode district. The below map shows the position of No. 2 on THE LEYS.