12, NEWBOLD CLOSE, BINLEY, COVENTRY, CV3 2HW - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 NEWBOLD CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £305,000 in June 2021, which was around 19% below the average June 2021 detached price in the Coventry local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

12 NEWBOLD CLOSE Sold Prices

Land registry data shows two sales for 12 NEWBOLD 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 12 NEWBOLD 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
2021 24 JUN	£305,000	£375,044	19% below HPI
2017 15 DEC	£178,500	£332,605	46% below HPI

12 NEWBOLD 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 12 NEWBOLD CLOSE sales from December 2017 and June 2021 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 December 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 NEWBOLD CLOSE?

12 NEWBOLD CLOSE is 56m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 12 NEWBOLD CLOSE lies on this distribution: 2% of detached houses are smaller than 12 NEWBOLD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Coventry.

12 NEWBOLD CLOSE: Plot and Title Map

12 NEWBOLD CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 12 NEWBOLD 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 12 NEWBOLD 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 12 NEWBOLD CLOSE?

12 NEWBOLD CLOSE is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 12 on NEWBOLD CLOSE.