3, MELBOURNE CLOSE, NUNEATON, CV11 4RX - £273,000

3 MELBOURNE CLOSE is a small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £273,000 in August 2021, which was around 9% below the average August 2021 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

3 MELBOURNE CLOSE Sold Prices

Land registry data shows three sales for 3 MELBOURNE 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. The three 3 MELBOURNE CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 10 AUG	£273,000	£299,427	9% below HPI
1998 17 JUL	£79,950	£79,738	Close to HPI
1995 5 MAY	£74,050	£72,189	3% above HPI

3 MELBOURNE 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 3 MELBOURNE CLOSE sales between May 1995 and August 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 July 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 MELBOURNE CLOSE?

3 MELBOURNE CLOSE is 92m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Nuneaton, based on EPC data. The below chart shows the distribution of detached houses by size in Nuneaton, and where 3 MELBOURNE CLOSE lies on this distribution: 27% of detached houses are smaller than 3 MELBOURNE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

3 MELBOURNE CLOSE: Plot and Title Map

3 MELBOURNE CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 3 MELBOURNE 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 3 MELBOURNE 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 3 MELBOURNE CLOSE?

3 MELBOURNE CLOSE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 3 on MELBOURNE CLOSE.