8, RED CROSS WAY, NUNEATON, CV10 0EE - £257,500

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 RED CROSS WAY is a small detached house of 98m², which could now be worth an estimated £307,167. It was last sold for £257,500 in January 2021, which was around 14% below the average January 2021 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

8 RED CROSS WAY Sold Prices

Land registry data shows two sales for 8 RED CROSS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. One of the two 8 RED CROSS WAY sales was for below the average price, whilst the other was 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
2021 11 JAN	£257,500	£298,648	14% below HPI
2016 26 FEB	£239,000	£235,968	1% above HPI

8 RED CROSS WAY 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 two 8 RED CROSS WAY sales from February 2016 and January 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 February 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 RED CROSS WAY be worth now?

8 RED CROSS WAY might now be worth an estimated £307,167.

This is based on house price inflation of 19.3%, between January 2021 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 19.3% inflationary increase is applied to the most recent sale price for 8 RED CROSS WAY of £257,500 on 11th January 2021. For the value to have increased from £257,500 to £307,167 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 RED CROSS WAY has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The January 2021 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 8 RED CROSS WAY has not materially changed since January 2021.

How Large is 8 RED CROSS WAY?

8 RED CROSS WAY is 98m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 RED CROSS WAY lies on this distribution: 35% of detached houses houses are smaller than 8 RED CROSS WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

8 RED CROSS WAY: Plot and Title Map

8 RED CROSS WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 8 RED CROSS 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 RED CROSS 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 RED CROSS WAY?

8 RED CROSS WAY is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 8 on RED CROSS WAY.