3, PINE CLOSE, STOKE GOLDING, NUNEATON, CV13 6EB - £198,000

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 PINE CLOSE is a very small terraced house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £250,444. It was last sold for £198,000 in June 2020, which was around 30% above the average June 2020 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 PINE CLOSE Sold Prices

Land registry data shows two sales for 3 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 3 PINE CLOSE 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
2020 1 JUN	£198,000	£152,412	30% above HPI
2014 2 MAY	£130,000	£117,542	11% above HPI

3 PINE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 3 PINE CLOSE sales from May 2014 and June 2020 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 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 3 PINE CLOSE be worth now?

3 PINE CLOSE might now be worth an estimated £250,444.

This is based on house price inflation of 26.5%, between June 2020 and June 2025, for terraced houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.5% inflationary increase is applied to the most recent sale price for 3 PINE CLOSE of £198,000 on 1st June 2020. For the value to have increased from £198,000 to £250,444 over the five years to June 2025, the following assumptions must hold true:

• The value of 3 PINE CLOSE has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The June 2020 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PINE CLOSE has not materially changed since June 2020.

How Large is 3 PINE CLOSE?

3 PINE CLOSE is 72m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of terraced houses houses in Stoke Golding, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stoke Golding, and where 3 PINE CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 3 PINE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stoke Golding.

3 PINE CLOSE: Plot and Title Map

3 PINE CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 3 PINE 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 PINE 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 PINE CLOSE?

3 PINE CLOSE is located in STOKE GOLDING, in the CV13 postcode district. The below map shows the position of No. 3 on PINE CLOSE.