4, THE TEA GARDEN, BEDWORTH, CV12 0HW - £250,000

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

4 THE TEA GARDEN is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £250,000 in December 2022, which was around 27% below the average December 2022 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 THE TEA GARDEN Sold Prices

Land registry data shows two sales for 4 THE TEA GARDEN 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 4 THE TEA GARDEN 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
2022 9 DEC	£250,000	£344,225	27% below HPI
1998 6 NOV	£60,000	£86,368	31% below HPI

4 THE TEA GARDEN 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 4 THE TEA GARDEN sales from November 1998 and December 2022 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 November 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 THE TEA GARDEN?

4 THE TEA GARDEN is 70m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Bedworth, based on EPC data. The below chart shows the distribution of detached houses by size in Bedworth, and where 4 THE TEA GARDEN lies on this distribution: 10% of detached houses are smaller than 4 THE TEA GARDEN, and 90% of houses are larger. Note that EPC data is not available for all properties in Bedworth.

4 THE TEA GARDEN: Plot and Title Map

4 THE TEA GARDEN sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 4 THE TEA GARDEN, 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 4 THE TEA GARDEN). 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 4 THE TEA GARDEN?

4 THE TEA GARDEN is located in BEDWORTH, in the CV12 postcode district. The below map shows the position of No. 4 on THE TEA GARDEN.