1, MARTLEY CLOSE, COVENTRY, CV3 2TP - £420,000

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.

1 MARTLEY CLOSE is a very small detached house of 71m², which could now be worth an estimated £515,316. It was last sold for £420,000 in September 2020, which was around 24% above the average September 2020 detached price in the Coventry local authority area. The most recent EPC inspection was February 2009, where the current energy rating was B, and the potential energy rating was B.

1 MARTLEY CLOSE Sold Prices

Land registry data shows two sales for 1 MARTLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. Both of the two 1 MARTLEY 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 29 SEP	£420,000	£337,743	24% above HPI
2009 30 JAN	£250,000	£195,961	28% above HPI

1 MARTLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Coventry local authority area over time, sourced from the HPI. The two 1 MARTLEY CLOSE sales from January 2009 and September 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 January 2009 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 1 MARTLEY CLOSE be worth now?

1 MARTLEY CLOSE might now be worth an estimated £515,316.

This is based on house price inflation of 22.7%, between September 2020 and February 2025, for detached houses, in the Coventry local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 1 MARTLEY CLOSE of £420,000 on 29th September 2020. For the value to have increased from £420,000 to £515,316 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 MARTLEY CLOSE has moved in line with the HPI for detached houses in the Coventry local authority area.
• The September 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARTLEY CLOSE has not materially changed since September 2020.

How Large is 1 MARTLEY CLOSE?

1 MARTLEY CLOSE is 71m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coventry, and where 1 MARTLEY CLOSE lies on this distribution: 7% of detached houses houses are smaller than 1 MARTLEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Coventry.

1 MARTLEY CLOSE: Plot and Title Map

1 MARTLEY CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 1 MARTLEY 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 1 MARTLEY 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 1 MARTLEY CLOSE?

1 MARTLEY CLOSE is located in COVENTRY, in the CV3 postcode district. The below map shows the position of No. 1 on MARTLEY CLOSE.