81, ORKNEY CLOSE, NUNEATON, CV10 7LS - £126,000

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.

81 ORKNEY CLOSE is a very small terraced house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £165,692. It was last sold for £126,000 in February 2019, which was around 8% below the average February 2019 terraced price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

81 ORKNEY CLOSE Sold Prices

Land registry data shows four sales for 81 ORKNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Nuneaton and Bedworth local authority area for the corresponding sale date. Most of the four 81 ORKNEY 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
2019 12 FEB	£126,000	£136,553	8% below HPI
2002 28 MAR	£58,000	£54,447	7% above HPI
2000 6 OCT	£47,750	£45,426	5% above HPI
1996 26 JAN	£38,000	£32,733	16% above HPI

81 ORKNEY CLOSE 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 four 81 ORKNEY CLOSE sales between January 1996 and February 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 March 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 81 ORKNEY CLOSE be worth now?

81 ORKNEY CLOSE might now be worth an estimated £165,692.

This is based on house price inflation of 31.5%, between February 2019 and May 2026, 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 31.5% inflationary increase is applied to the most recent sale price for 81 ORKNEY CLOSE of £126,000 on 12th February 2019. For the value to have increased from £126,000 to £165,692 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 81 ORKNEY CLOSE has moved in line with the HPI for terraced houses in the Nuneaton and Bedworth local authority area.
• The February 2019 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 81 ORKNEY CLOSE has not materially changed since February 2019.

How Large is 81 ORKNEY CLOSE?

81 ORKNEY CLOSE is 80m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 81 ORKNEY CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 81 ORKNEY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Nuneaton.

81 ORKNEY CLOSE: Plot and Title Map

81 ORKNEY CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 81 ORKNEY 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 81 ORKNEY 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 81 ORKNEY CLOSE?

81 ORKNEY CLOSE is located in NUNEATON, in the CV10 postcode district. The below map shows the position of No. 81 on ORKNEY CLOSE.