251, MILBY DRIVE, NUNEATON, CV11 6UL - £265,000

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

251 MILBY DRIVE is a midsized extended detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £431,209. It was last sold for £265,000 in September 2015, which was around 18% above the average September 2015 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

251 MILBY DRIVE Sold Prices

Land registry data shows two sales for 251 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 251 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
2015 9 SEP	£265,000	£224,517	18% above HPI
1996 31 MAY	£74,000	£71,746	3% above HPI

251 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 251 MILBY DRIVE sales from May 1996 and September 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 May 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 251 MILBY DRIVE be worth now?

251 MILBY DRIVE might now be worth an estimated £431,209.

This is based on house price inflation of 62.7%, between September 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 62.7% inflationary increase is applied to the most recent sale price for 251 MILBY DRIVE of £265,000 on 9th September 2015. For the value to have increased from £265,000 to £431,209 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 251 MILBY DRIVE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The September 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 251 MILBY DRIVE has not materially changed since September 2015.

How Large is 251 MILBY DRIVE?

251 MILBY DRIVE is 102m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 251 MILBY DRIVE lies on this distribution: 40% of detached houses houses are smaller than 251 MILBY DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

251 MILBY DRIVE: Plot and Title Map

251 MILBY DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 251 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 251 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 251 MILBY DRIVE?

251 MILBY DRIVE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 251 on MILBY DRIVE.