40, NORWICH CLOSE, NUNEATON, CV11 6GF - £315,000

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.

40 NORWICH CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £321,438. It was last sold for £315,000 in November 2022, which was around 10% below the average November 2022 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

40 NORWICH CLOSE Sold Prices

Land registry data shows four sales for 40 NORWICH CLOSE since 1^st 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. One of the four 40 NORWICH CLOSE sales was for below the average price, whilst two 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
2022 25 NOV	£315,000	£349,117	10% below HPI
2015 9 JAN	£225,000	£220,250	2% above HPI
1997 22 AUG	£81,000	£80,906	Close to HPI
1996 10 MAY	£80,000	£71,746	12% above HPI

40 NORWICH 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 four 40 NORWICH CLOSE sales between May 1996 and November 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 January 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 40 NORWICH CLOSE be worth now?

40 NORWICH CLOSE might now be worth an estimated £321,438.

This is based on house price inflation of 2%, between November 2022 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 2% inflationary increase is applied to the most recent sale price for 40 NORWICH CLOSE of £315,000 on 25th November 2022. For the value to have increased from £315,000 to £321,438 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 40 NORWICH CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The November 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NORWICH CLOSE has not materially changed since November 2022.

How Large is 40 NORWICH CLOSE?

40 NORWICH CLOSE is 68m² according to the EPC inspection conducted in August 2014. 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 40 NORWICH CLOSE lies on this distribution: 4% of detached houses houses are smaller than 40 NORWICH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

40 NORWICH CLOSE: Plot and Title Map

40 NORWICH CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 40 NORWICH 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 40 NORWICH 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 40 NORWICH CLOSE?

40 NORWICH CLOSE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 40 on NORWICH CLOSE.