25, MELBOURNE CLOSE, NUNEATON, CV11 4RX - £190,000

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

25 MELBOURNE CLOSE is a small extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £309,030. It was last sold for £190,000 in July 2015, which was around 15% below the average July 2015 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

25 MELBOURNE CLOSE Sold Prices

Land registry data shows five sales for 25 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. All of the five 25 MELBOURNE 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
2015 29 JUL	£190,000	£224,618	15% below HPI
2009 18 DEC	£171,000	£192,655	11% below HPI
2005 27 MAY	£165,000	£197,561	16% below HPI
2004 22 OCT	£180,000	£197,344	9% below HPI
1995 21 APR	£62,500	£73,437	15% below HPI

25 MELBOURNE 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 five 25 MELBOURNE CLOSE sales between April 1995 and July 2015 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 December 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 25 MELBOURNE CLOSE be worth now?

25 MELBOURNE CLOSE might now be worth an estimated £309,030.

This is based on house price inflation of 62.6%, between July 2015 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 62.6% inflationary increase is applied to the most recent sale price for 25 MELBOURNE CLOSE of £190,000 on 29th July 2015. For the value to have increased from £190,000 to £309,030 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 25 MELBOURNE CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The July 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 25 MELBOURNE CLOSE has not materially changed since July 2015.

How Large is 25 MELBOURNE CLOSE?

25 MELBOURNE CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in May 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 25 MELBOURNE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 25 MELBOURNE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

25 MELBOURNE CLOSE: Plot and Title Map

25 MELBOURNE CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 25 MELBOURNE 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 25 MELBOURNE 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 25 MELBOURNE CLOSE?

25 MELBOURNE CLOSE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 25 on MELBOURNE CLOSE.