24, PENZANCE WAY, NUNEATON, CV11 6FW - £232,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 PENZANCE WAY is a large extended detached house of 127m², built sometime between 1983 and 1990, which could now be worth an estimated £408,129. It was last sold for £232,500 in August 2010, which was around 15% above the average August 2010 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

24 PENZANCE WAY Sold Prices

Land registry data shows three sales for 24 PENZANCE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. All of the three 24 PENZANCE WAY 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
2010 18 AUG	£232,500	£202,947	15% above HPI
2002 20 JUN	£157,500	£127,517	24% above HPI
1996 22 MAR	£90,000	£73,339	23% above HPI

24 PENZANCE 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 three 24 PENZANCE WAY sales between March 1996 and August 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 June 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 24 PENZANCE WAY be worth now?

24 PENZANCE WAY might now be worth an estimated £408,129.

This is based on house price inflation of 75.5%, between August 2010 and February 2025, 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 75.5% inflationary increase is applied to the most recent sale price for 24 PENZANCE WAY of £232,500 on 18th August 2010. For the value to have increased from £232,500 to £408,129 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 24 PENZANCE WAY has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The August 2010 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 24 PENZANCE WAY has not materially changed since August 2010.

How Large is 24 PENZANCE WAY?

24 PENZANCE WAY is 127m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 30% 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 24 PENZANCE WAY lies on this distribution: 74% of detached houses houses are smaller than 24 PENZANCE WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

24 PENZANCE WAY: Plot and Title Map

24 PENZANCE WAY sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 24 PENZANCE 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 24 PENZANCE 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 24 PENZANCE WAY?

24 PENZANCE WAY is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 24 on PENZANCE WAY.