38, PENSHURST WAY, NUNEATON, CV11 4XN - £245,000

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

38 PENSHURST WAY is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2023, which was around 29% below the average December 2023 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

38 PENSHURST WAY Sold Prices

Land registry data shows three sales for 38 PENSHURST WAY 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 38 PENSHURST WAY 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 20 DEC	£245,000	£344,793	29% below HPI
2004 19 MAR	£149,000	£172,187	13% below HPI
1999 30 APR	£79,995	£86,095	7% below HPI

38 PENSHURST WAY 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 38 PENSHURST WAY sales between April 1999 and December 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 March 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 38 PENSHURST WAY?

38 PENSHURST WAY is 84m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 38 PENSHURST WAY lies on this distribution: 16% of detached houses are smaller than 38 PENSHURST WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

38 PENSHURST WAY: Plot and Title Map

38 PENSHURST WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 38 PENSHURST WAY, 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 38 PENSHURST WAY). 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 38 PENSHURST WAY?

38 PENSHURST WAY is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 38 on PENSHURST WAY.