7, ORKNEY CLOSE, NUNEATON, CV10 7LB - £200,000

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

7 ORKNEY CLOSE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £200,000 in June 2020, which was around 30% below the average June 2020 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

7 ORKNEY CLOSE Sold Prices

Land registry data shows three sales for 7 ORKNEY CLOSE 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 7 ORKNEY 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
2020 12 JUN	£200,000	£284,434	30% below HPI
2008 29 FEB	£155,500	£215,594	28% below HPI
1996 25 OCT	£55,000	£74,244	26% below HPI

7 ORKNEY 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 three 7 ORKNEY CLOSE sales between October 1996 and June 2020 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 February 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 ORKNEY CLOSE?

7 ORKNEY CLOSE is 71m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 7 ORKNEY CLOSE lies on this distribution: 6% of detached houses are smaller than 7 ORKNEY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

7 ORKNEY CLOSE: Plot and Title Map

7 ORKNEY CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 7 ORKNEY 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 7 ORKNEY 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 7 ORKNEY CLOSE?

7 ORKNEY CLOSE is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 7 on ORKNEY CLOSE.