22, BOROUGH WAY, NUNEATON, CV11 5JN - £225,000

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

22 BOROUGH WAY is a very small detached house of 85m², built sometime between 2007 and 2011. It was last sold for £225,000 in August 2021, which was around 25% below the average August 2021 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

22 BOROUGH WAY Sold Prices

Land registry data shows two sales for 22 BOROUGH WAY 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 22 BOROUGH WAY 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
2021 20 AUG	£225,000	£299,427	25% below HPI
2011 26 AUG	£179,950	£199,347	10% below HPI

22 BOROUGH WAY 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 22 BOROUGH WAY sales from August 2011 and August 2021 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 August 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 22 BOROUGH WAY?

22 BOROUGH WAY is 85m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 22 BOROUGH WAY lies on this distribution: 17% of detached houses are smaller than 22 BOROUGH WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

22 BOROUGH WAY: Plot and Title Map

22 BOROUGH WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 22 BOROUGH WAY, 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 22 BOROUGH WAY). 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 22 BOROUGH WAY?

22 BOROUGH WAY is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 22 on BOROUGH WAY.