12, PENZANCE WAY, NUNEATON, CV11 6FW - £375,630

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.

12 PENZANCE WAY is a very large extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £428,527. It was last sold for £375,630 in September 2021, which was around 21% above the average September 2021 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

12 PENZANCE WAY Sold Prices

Land registry data shows two sales for 12 PENZANCE 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. Both of the two 12 PENZANCE WAY sales were 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 15 SEP	£375,630	£309,225	21% above HPI
1995 26 JAN	£95,000	£76,465	24% above HPI

12 PENZANCE 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 12 PENZANCE WAY sales from January 1995 and September 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 January 1995 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 12 PENZANCE WAY be worth now?

12 PENZANCE WAY might now be worth an estimated £428,527.

This is based on house price inflation of 14.1%, between September 2021 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 14.1% inflationary increase is applied to the most recent sale price for 12 PENZANCE WAY of £375,630 on 15th September 2021. For the value to have increased from £375,630 to £428,527 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 12 PENZANCE WAY has moved in line with the HPI for detached houses in the Nuneaton and Bedworth local authority area.
• The September 2021 sale price of £375,630 represented a fair market value for the property.
• The size, condition, and specification of 12 PENZANCE WAY has not materially changed since September 2021.

How Large is 12 PENZANCE WAY?

12 PENZANCE WAY is 148m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 12 PENZANCE WAY lies on this distribution: 88% of detached houses houses are smaller than 12 PENZANCE WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

12 PENZANCE WAY: Plot and Title Map

12 PENZANCE WAY sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 12 PENZANCE 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 12 PENZANCE 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 12 PENZANCE WAY?

12 PENZANCE WAY is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 12 on PENZANCE WAY.