53, GROVE LANE, KERESLEY END, COVENTRY, CV7 8PW - £195,950

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.

53 GROVE LANE is a small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £342,871. It was last sold for £195,950 in November 2012, which was around 4% below the average November 2012 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

53 GROVE LANE Sold Prices

Land registry data shows three sales for 53 GROVE LANE 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 53 GROVE LANE 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
2012 30 NOV	£195,950	£203,597	4% below HPI
2003 7 NOV	£112,500	£165,955	32% below HPI
2000 26 MAY	£78,000	£97,298	20% below HPI

53 GROVE LANE 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 53 GROVE LANE sales between May 2000 and November 2012 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2012 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 53 GROVE LANE be worth now?

53 GROVE LANE might now be worth an estimated £342,871.

This is based on house price inflation of 75%, between November 2012 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 75% inflationary increase is applied to the most recent sale price for 53 GROVE LANE of £195,950 on 30th November 2012. For the value to have increased from £195,950 to £342,871 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 53 GROVE LANE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The November 2012 sale price of £195,950 represented a fair market value for the property.
• The size, condition, and specification of 53 GROVE LANE has not materially changed since November 2012.

How Large is 53 GROVE LANE?

53 GROVE LANE is 86m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Keresley Newlands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keresley Newlands, and where 53 GROVE LANE lies on this distribution: 21% of detached houses houses are smaller than 53 GROVE LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Keresley Newlands.

53 GROVE LANE: Plot and Title Map

53 GROVE LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 53 GROVE LANE, 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 53 GROVE LANE). 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 53 GROVE LANE?

53 GROVE LANE is located in KERESLEY END, in the CV7 postcode district. The below map shows the position of No. 53 on GROVE LANE.