Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 THE LAURELS is a small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £315,000 in September 2021, which was around 3% above the average September 2021 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 THE LAURELS since 1st 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 THE LAURELS 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 |
---|---|---|---|
2021 28 SEP | £315,000 | £305,404 | 3% above HPI |
1999 16 APR | £87,000 | £86,095 | 1% above HPI |
1995 1 DEC | £71,500 | £70,574 | 1% above HPI |
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 THE LAURELS sales between December 1995 and September 2021 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 April 1999 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
3 THE LAURELS is 81m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Bedworth, based on EPC data. The below chart shows the distribution of detached houses by size in Bedworth, and where 3 THE LAURELS lies on this distribution: 21% of detached houses are smaller than 3 THE LAURELS, and 77% of houses are larger. Note that EPC data is not available for all properties in Bedworth.
3 THE LAURELS sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 3 THE LAURELS, 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 THE LAURELS). 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.
3 THE LAURELS is located in BEDWORTH, in the CV12 postcode district. The below map shows the position of No. 3 on THE LAURELS.