3, ORWELL CLOSE, NUNEATON, CV10 9RL - £205,000

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.

3 ORWELL CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £253,588. It was last sold for £205,000 in June 2020, which was around 29% below the average June 2020 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 ORWELL CLOSE Sold Prices

Land registry data shows three sales for 3 ORWELL CLOSE 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 3 ORWELL 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
2020 26 JUN	£205,000	£287,993	29% below HPI
2020 19 JUN	£205,000	£287,993	29% below HPI
1999 30 JUL	£71,000	£90,011	21% below HPI

3 ORWELL 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 three 3 ORWELL CLOSE sales between July 1999 and June 2020 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 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2020 sale, which was also at 29% below the HPI.

What might 3 ORWELL CLOSE be worth now?

3 ORWELL CLOSE might now be worth an estimated £253,588.

This is based on house price inflation of 23.7%, between June 2020 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 23.7% inflationary increase is applied to the most recent sale price for 3 ORWELL CLOSE of £205,000 on 26th June 2020. For the value to have increased from £205,000 to £253,588 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 ORWELL CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The June 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ORWELL CLOSE has not materially changed since June 2020.

How Large is 3 ORWELL CLOSE?

3 ORWELL CLOSE is 77m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 3 ORWELL CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 ORWELL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

3 ORWELL CLOSE: Plot and Title Map

3 ORWELL CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 ORWELL 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 3 ORWELL 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 3 ORWELL CLOSE?

3 ORWELL CLOSE is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 3 on ORWELL CLOSE.