OAK HOUSE, LEYS LANE, MERIDEN, COVENTRY, CV7 7LQ - £393,000

OAK HOUSE is a midsized extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £393,000 in August 2019, which was around 18% below the average August 2019 detached price in the Solihull local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

OAK HOUSE Sold Prices

Land registry data shows two sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two OAK HOUSE 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
2019 9 AUG	£393,000	£478,171	18% below HPI
2015 14 AUG	£358,000	£396,562	10% below HPI

OAK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two OAK HOUSE sales from August 2015 and August 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 August 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 132m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses in Meriden, based on EPC data. The below chart shows the distribution of detached houses by size in Meriden, and where OAK HOUSE lies on this distribution: 47% of detached houses are smaller than OAK HOUSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Meriden.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located on LEYS LANE in MERIDEN, in the CV7 postcode district. The below map shows the position of OAK HOUSE on LEYS LANE.