40, MELBOURNE CLOSE, NUNEATON, CV11 4RX - £287,500

40 MELBOURNE CLOSE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £287,500 in April 2023, which was around 17% below the average April 2023 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

40 MELBOURNE CLOSE Sold Prices

Land registry data shows three sales for 40 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. Two of the three 40 MELBOURNE CLOSE sales were for below the average price, whilst one was 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
2023 28 APR	£287,500	£346,462	17% below HPI
2011 28 OCT	£160,000	£204,885	22% below HPI
1995 1 SEP	£77,950	£71,823	9% above HPI

40 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 40 MELBOURNE CLOSE sales between September 1995 and April 2023 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 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 40 MELBOURNE CLOSE?

40 MELBOURNE CLOSE is 93m² according to the EPC inspection conducted in December 2017. 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 40 MELBOURNE CLOSE lies on this distribution: 28% of detached houses are smaller than 40 MELBOURNE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

40 MELBOURNE CLOSE: Plot and Title Map

40 MELBOURNE CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 40 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 40 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 40 MELBOURNE CLOSE?

40 MELBOURNE CLOSE is located in NUNEATON, in the CV11 postcode district. The below map shows the position of No. 40 on MELBOURNE CLOSE.