116, CROMWELL LANE, COVENTRY, CV4 8AS - £1,000,000

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.

116 CROMWELL LANE is a very large extended detached house of 213m², built sometime before 1900, which could now be worth an estimated £1,050,200. It was last sold for £1,000,000 in August 2022, which was around 153% above the average August 2022 detached price in the Coventry local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

116 CROMWELL LANE Sold Prices

Land registry data shows two sales for 116 CROMWELL LANE 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 116 CROMWELL LANE 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
2022 22 AUG	£1,000,000	£394,583	153% above HPI
2012 21 AUG	£499,000	£214,832	132% above HPI

116 CROMWELL LANE 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 116 CROMWELL LANE sales from August 2012 and August 2022 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 2012 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the August 2022 sale, where it rises to 153% above the HPI. The line then continues to track at 153% above the HPI.

What might 116 CROMWELL LANE be worth now?

116 CROMWELL LANE might now be worth an estimated £1,050,200.

This is based on house price inflation of 5%, between August 2022 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 5% inflationary increase is applied to the most recent sale price for 116 CROMWELL LANE of £1,000,000 on 22nd August 2022. For the value to have increased from £1,000,000 to £1,050,200 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 116 CROMWELL LANE has moved in line with the HPI for detached houses in the Coventry local authority area.
• The August 2022 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 116 CROMWELL LANE has not materially changed since August 2022.

How Large is 116 CROMWELL LANE?

116 CROMWELL LANE is 213m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 116 CROMWELL LANE lies on this distribution: 94% of detached houses houses are smaller than 116 CROMWELL LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Coventry.

116 CROMWELL LANE: Plot and Title Map

116 CROMWELL LANE sits on a plot of roughly 0.293 of an acre, or 1,185m². The below map shows the location of 116 CROMWELL LANE, 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 116 CROMWELL LANE). 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 116 CROMWELL LANE?

116 CROMWELL LANE is located in COVENTRY, in the CV4 postcode district. The below map shows the position of No. 116 on CROMWELL LANE.