8, ELM WAY, HARTSHILL, NUNEATON, CV10 0XS - £345,000

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 ELM WAY is a large extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £396,242. It was last sold for £345,000 in May 2021, which was around 2% below the average May 2021 detached price in the North Warwickshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

8 ELM WAY Sold Prices

Land registry data shows four sales for 8 ELM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. Most of the four 8 ELM WAY 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
2021 7 MAY	£345,000	£350,374	2% below HPI
2012 14 DEC	£240,000	£246,332	3% below HPI
2007 25 MAY	£248,500	£265,069	6% below HPI
1999 29 JAN	£125,950	£110,617	14% above HPI

8 ELM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The four 8 ELM WAY sales between January 1999 and May 2021 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 December 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 ELM WAY be worth now?

8 ELM WAY might now be worth an estimated £396,242.

This is based on house price inflation of 14.9%, between May 2021 and February 2025, for detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 8 ELM WAY of £345,000 on 7th May 2021. For the value to have increased from £345,000 to £396,242 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 8 ELM WAY has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The May 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELM WAY has not materially changed since May 2021.

How Large is 8 ELM WAY?

8 ELM WAY is 137m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 30% of detached houses houses in Hartshill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hartshill, and where 8 ELM WAY lies on this distribution: 76% of detached houses houses are smaller than 8 ELM WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Hartshill.

8 ELM WAY: Plot and Title Map

8 ELM WAY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 8 ELM WAY, 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 ELM WAY). 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 ELM WAY?

8 ELM WAY is located in HARTSHILL, in the CV10 postcode district. The below map shows the position of No. 8 on ELM WAY.