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 THE LEYS is a very small detached house of 65m², built sometime from 2007 onwards. 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.
Land registry data shows four sales for 2 THE LEYS since 1st 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 | £276,222 | 25% below HPI |
2016 22 JUL | £181,750 | £238,095 | 24% below HPI |
2015 9 DEC | £186,600 | £227,385 | 18% below HPI |
2008 19 DEC | £136,500 | £187,790 | 27% below HPI |
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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
2 THE LEYS is 65m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 THE LEYS lies on this distribution: 6% of detached 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 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.
2 THE LEYS is located in BEDWORTH, in the CV12 postcode district. The below map shows the position of No. 2 on THE LEYS.