38, SALCOMBE CLOSE, NUNEATON, CV11 6YS - £231,500

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.

38 SALCOMBE CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £306,247. It was last sold for £231,500 in February 2018, which was around 14% below the average February 2018 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

38 SALCOMBE CLOSE Sold Prices

Land registry data shows two sales for 38 SALCOMBE CLOSE 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 38 SALCOMBE 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
2018 14 FEB	£231,500	£269,300	14% below HPI
2013 25 OCT	£152,000	£205,077	26% below HPI

38 SALCOMBE 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 two 38 SALCOMBE CLOSE sales from October 2013 and February 2018 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 October 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 38 SALCOMBE CLOSE be worth now?

38 SALCOMBE CLOSE might now be worth an estimated £306,247.

This is based on house price inflation of 32.3%, between February 2018 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 32.3% inflationary increase is applied to the most recent sale price for 38 SALCOMBE CLOSE of £231,500 on 14th February 2018. For the value to have increased from £231,500 to £306,247 over the seven years to February 2025, the following assumptions must hold true:

• The value of 38 SALCOMBE CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The February 2018 sale price of £231,500 represented a fair market value for the property.
• The size, condition, and specification of 38 SALCOMBE CLOSE has not materially changed since February 2018.

How Large is 38 SALCOMBE CLOSE?

38 SALCOMBE CLOSE is 58m² according to the EPC inspection conducted in September 2012. 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 38 SALCOMBE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 38 SALCOMBE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

38 SALCOMBE CLOSE: Plot and Title Map

38 SALCOMBE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 38 SALCOMBE 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 38 SALCOMBE 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 38 SALCOMBE CLOSE?

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