2, PENZANCE WAY, NUNEATON, CV11 6FW - £295,000

2 PENZANCE WAY is a large extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £295,000 in July 2019, which was around 6% above the average July 2019 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

2 PENZANCE WAY Sold Prices

Land registry data shows two sales for 2 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 2 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
2019 12 JUL	£295,000	£279,360	6% above HPI
2017 31 MAY	£270,000	£256,642	5% above HPI

2 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 2 PENZANCE WAY sales from May 2017 and July 2019 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 May 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 PENZANCE WAY?

2 PENZANCE WAY is 118m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 2 PENZANCE WAY lies on this distribution: 62% of detached houses are smaller than 2 PENZANCE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

2 PENZANCE WAY: Plot and Title Map

2 PENZANCE WAY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 2 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 2 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 2 PENZANCE WAY?

2 PENZANCE WAY is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 2 on PENZANCE WAY.