5, ARKLET CLOSE, NUNEATON, CV10 9TE - £117,000

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.

5 ARKLET CLOSE is a very small semi-detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £167,009. It was last sold for £117,000 in February 2017, which was around 26% below the average February 2017 semi-detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

5 ARKLET CLOSE Sold Prices

Land registry data shows five sales for 5 ARKLET CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. Most of the five 5 ARKLET CLOSE sales were for below 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
2017 7 FEB	£117,000	£157,973	26% below HPI
2007 7 SEP	£117,500	£140,799	17% below HPI
2002 22 NOV	£72,500	£78,262	7% below HPI
2001 2 FEB	£54,000	£64,082	16% below HPI
1998 27 MAR	£50,000	£48,057	4% above HPI

5 ARKLET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Nuneaton and Bedworth local authority area over time, sourced from the HPI. The five 5 ARKLET CLOSE sales between March 1998 and February 2017 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 September 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 ARKLET CLOSE be worth now?

5 ARKLET CLOSE might now be worth an estimated £167,009.

This is based on house price inflation of 42.7%, between February 2017 and February 2025, for semi-detached 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 42.7% inflationary increase is applied to the most recent sale price for 5 ARKLET CLOSE of £117,000 on 7th February 2017. For the value to have increased from £117,000 to £167,009 over the eight years to February 2025, the following assumptions must hold true:

• The value of 5 ARKLET CLOSE has moved in line with the HPI for semi-detached houses in the Nuneaton and Bedworth local authority area.
• The February 2017 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ARKLET CLOSE has not materially changed since February 2017.

How Large is 5 ARKLET CLOSE?

5 ARKLET CLOSE is 59m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of semi-detached houses houses in Nuneaton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nuneaton, and where 5 ARKLET CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 5 ARKLET CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

5 ARKLET CLOSE: Plot and Title Map

5 ARKLET CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 5 ARKLET 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 5 ARKLET 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 5 ARKLET CLOSE?

5 ARKLET CLOSE is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 5 on ARKLET CLOSE.