3, MILKING LANE, NUNEATON, CV10 0FG - £171,000

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.

3 MILKING LANE is a very small terraced house of 62m², which could now be worth an estimated £219,545. It was last sold for £171,000 in June 2019, which was around 24% above the average June 2019 terraced price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

3 MILKING LANE Sold Prices

Land registry data shows two sales for 3 MILKING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Nuneaton and Bedworth local authority area for the corresponding sale date. Both of the two 3 MILKING LANE 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 14 JUN	£171,000	£137,843	24% above HPI
2016 21 OCT	£165,500	£123,374	34% above HPI

3 MILKING LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Nuneaton and Bedworth local authority area over time, sourced from the HPI. The two 3 MILKING LANE sales from October 2016 and June 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 October 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 3 MILKING LANE be worth now?

3 MILKING LANE might now be worth an estimated £219,545.

This is based on house price inflation of 28.4%, between June 2019 and June 2025, for terraced 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 28.4% inflationary increase is applied to the most recent sale price for 3 MILKING LANE of £171,000 on 14th June 2019. For the value to have increased from £171,000 to £219,545 over the six years to June 2025, the following assumptions must hold true:

• The value of 3 MILKING LANE has moved in line with the HPI for terraced houses in the Nuneaton and Bedworth local authority area.
• The June 2019 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILKING LANE has not materially changed since June 2019.

How Large is 3 MILKING LANE?

3 MILKING LANE is 62m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of terraced houses houses in Nuneaton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nuneaton, and where 3 MILKING LANE lies on this distribution: 2% of terraced houses houses are smaller than 3 MILKING LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

3 MILKING LANE: Plot and Title Map

3 MILKING LANE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 3 MILKING LANE, 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 MILKING LANE). 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 MILKING LANE?

3 MILKING LANE is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 3 on MILKING LANE.