218, HOSPITAL LANE, BEDWORTH, CV12 0JY - £200,000

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

218 HOSPITAL LANE is a very small detached house of 71m², built sometime between 1930 and 1949. It was last sold for £200,000 in February 2023, which was around 42% below the average February 2023 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 A.

218 HOSPITAL LANE Sold Prices

Land registry data shows two sales for 218 HOSPITAL LANE 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 218 HOSPITAL LANE 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
2023 13 FEB	£200,000	£347,575	42% below HPI
2016 26 FEB	£164,000	£233,052	30% below HPI

218 HOSPITAL LANE 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 218 HOSPITAL LANE sales from February 2016 and February 2023 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 February 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 218 HOSPITAL LANE?

218 HOSPITAL LANE is 71m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Bedworth, based on EPC data. The below chart shows the distribution of detached houses by size in Bedworth, and where 218 HOSPITAL LANE lies on this distribution: 11% of detached houses are smaller than 218 HOSPITAL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bedworth.

218 HOSPITAL LANE: Plot and Title Map

218 HOSPITAL LANE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 218 HOSPITAL LANE, 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 218 HOSPITAL LANE). 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 218 HOSPITAL LANE?

218 HOSPITAL LANE is located in BEDWORTH, in the CV12 postcode district. The below map shows the position of No. 218 on HOSPITAL LANE.