243, MILBY DRIVE, NUNEATON, CV11 6UL - £425,000

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

243 MILBY DRIVE is a midsized extended detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £442,396. It was last sold for £425,000 in March 2023, which was around 21% above the average March 2023 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

243 MILBY DRIVE Sold Prices

Land registry data shows two sales for 243 MILBY DRIVE 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 243 MILBY DRIVE 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
2023 23 MAR	£425,000	£350,969	21% above HPI
1996 19 JUL	£105,000	£72,847	44% above HPI

243 MILBY DRIVE 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 243 MILBY DRIVE sales from July 1996 and March 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 July 1996 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 243 MILBY DRIVE be worth now?

243 MILBY DRIVE might now be worth an estimated £442,396.

This is based on house price inflation of 4.1%, between March 2023 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 4.1% inflationary increase is applied to the most recent sale price for 243 MILBY DRIVE of £425,000 on 23rd March 2023. For the value to have increased from £425,000 to £442,396 over the three months to December 2024, the following assumptions must hold true:

• The value of 243 MILBY DRIVE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The March 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 243 MILBY DRIVE has not materially changed since March 2023.

How Large is 243 MILBY DRIVE?

243 MILBY DRIVE is 112m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 243 MILBY DRIVE lies on this distribution: 52% of detached houses houses are smaller than 243 MILBY DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

243 MILBY DRIVE: Plot and Title Map

243 MILBY DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 243 MILBY DRIVE, 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 243 MILBY DRIVE). 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 243 MILBY DRIVE?

243 MILBY DRIVE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 243 on MILBY DRIVE.