2, WELLS CLOSE, GALLEY COMMON, NUNEATON, CV10 9RW - £172,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 WELLS CLOSE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £301,432. It was last sold for £172,000 in April 2010, which was around 17% below the average April 2010 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

2 WELLS CLOSE Sold Prices

Land registry data shows two sales for 2 WELLS CLOSE 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 WELLS CLOSE 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
2010 28 APR	£172,000	£208,464	17% below HPI
2003 18 SEP	£149,000	£161,315	8% below HPI

2 WELLS 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 two 2 WELLS CLOSE sales from September 2003 and April 2010 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 September 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2010 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 WELLS CLOSE be worth now?

2 WELLS CLOSE might now be worth an estimated £301,432.

This is based on house price inflation of 75.3%, between April 2010 and December 2024, 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 75.3% inflationary increase is applied to the most recent sale price for 2 WELLS CLOSE of £172,000 on 28th April 2010. For the value to have increased from £172,000 to £301,432 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 2 WELLS CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The April 2010 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELLS CLOSE has not materially changed since April 2010.

How Large is 2 WELLS CLOSE?

2 WELLS CLOSE is 97m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nuneaton, and where 2 WELLS CLOSE lies on this distribution: 34% of detached houses houses are smaller than 2 WELLS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

2 WELLS CLOSE: Plot and Title Map

2 WELLS CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 WELLS 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 WELLS 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 WELLS CLOSE?

2 WELLS CLOSE is located in GALLEY COMMON, in the CV10 postcode district. The below map shows the position of No. 2 on WELLS CLOSE.