2, THE SPINNEY, TOWER ROAD, BEDWORTH, CV12 8RL - £331,000

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 THE SPINNEY is a very large extended detached house of 171m², built sometime between 1991 and 1995. It was last sold for £331,000 in March 2016, which was around 41% above the average March 2016 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

2 THE SPINNEY Sold Prices

Land registry data shows two sales for 2 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. Both of the two 2 THE SPINNEY 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
2016 31 MAR	£331,000	£234,181	41% above HPI
2001 4 MAY	£140,000	£110,724	26% above HPI

2 THE SPINNEY 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 two 2 THE SPINNEY sales from May 2001 and March 2016 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 May 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2016 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 171m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 SPINNEY lies on this distribution: 96% of detached houses are smaller than 2 THE SPINNEY, and 4% of houses are larger. Note that EPC data is not available for all properties in Bedworth.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 2 THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

2 THE SPINNEY is located on TOWER ROAD in BEDWORTH, in the CV12 postcode district. The below map shows the position of 2 THE SPINNEY on TOWER ROAD.