8, CAVERSHAM CLOSE, NUNEATON, CV11 6UR - £350,000

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.

8 CAVERSHAM CLOSE is a large extended detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £356,238. It was last sold for £350,000 in September 2022, which was around 1% above the average September 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.

8 CAVERSHAM CLOSE Sold Prices

Land registry data shows three sales for 8 CAVERSHAM 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. One of the three 8 CAVERSHAM CLOSE sales was for above the average price, whilst two 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 23 SEP	£350,000	£346,594	1% above HPI
2016 7 OCT	£240,000	£248,724	4% below HPI
2009 6 MAY	£169,500	£183,941	8% below HPI

8 CAVERSHAM 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 8 CAVERSHAM CLOSE sales between May 2009 and September 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 October 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 CAVERSHAM CLOSE be worth now?

8 CAVERSHAM CLOSE might now be worth an estimated £356,238.

This is based on house price inflation of 1.8%, between September 2022 and March 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 1.8% inflationary increase is applied to the most recent sale price for 8 CAVERSHAM CLOSE of £350,000 on 23rd September 2022. For the value to have increased from £350,000 to £356,238 over the three years and six months to March 2025, the following assumptions must hold true:

• The value of 8 CAVERSHAM CLOSE has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The September 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CAVERSHAM CLOSE has not materially changed since September 2022.

How Large is 8 CAVERSHAM CLOSE?

8 CAVERSHAM CLOSE is 123m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% 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 8 CAVERSHAM CLOSE lies on this distribution: 69% of detached houses houses are smaller than 8 CAVERSHAM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

8 CAVERSHAM CLOSE: Plot and Title Map

8 CAVERSHAM CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 8 CAVERSHAM 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 8 CAVERSHAM 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 8 CAVERSHAM CLOSE?

8 CAVERSHAM CLOSE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 8 on CAVERSHAM CLOSE.