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
31 ORKNEY CLOSE is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £235,000 in April 2023, which was around 31% below the average April 2023 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 31 ORKNEY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. All of the four 31 ORKNEY 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 |
---|---|---|---|
2023 28 APR | £235,000 | £340,136 | 31% below HPI |
2017 9 JUN | £165,000 | £258,141 | 36% below HPI |
2015 4 DEC | £130,000 | £227,385 | 43% below HPI |
1997 3 JUN | £48,000 | £77,568 | 38% below 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 four 31 ORKNEY CLOSE sales between June 1997 and April 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 June 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
31 ORKNEY CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 31 ORKNEY CLOSE lies on this distribution: 21% of detached houses are smaller than 31 ORKNEY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.
31 ORKNEY CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 31 ORKNEY 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 31 ORKNEY 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.
31 ORKNEY CLOSE is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 31 on ORKNEY CLOSE.