16, BUSBY CLOSE, BINLEY, COVENTRY, CV3 2LU - £195,000

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.

16 BUSBY CLOSE is a very small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £204,022. It was last sold for £195,000 in January 2023, which was around 51% below the average January 2023 detached price in the Coventry local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

16 BUSBY CLOSE Sold Prices

Land registry data shows three sales for 16 BUSBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. All of the three 16 BUSBY 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
2023 6 JAN	£195,000	£396,066	51% below HPI
2017 27 JAN	£136,000	£291,225	53% below HPI
2005 19 AUG	£100,000	£210,961	53% below HPI

16 BUSBY 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 three 16 BUSBY CLOSE sales between August 2005 and January 2023 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 2017 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2023 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 16 BUSBY CLOSE be worth now?

16 BUSBY CLOSE might now be worth an estimated £204,022.

This is based on house price inflation of 4.6%, between January 2023 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 4.6% inflationary increase is applied to the most recent sale price for 16 BUSBY CLOSE of £195,000 on 6th January 2023. For the value to have increased from £195,000 to £204,022 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 BUSBY CLOSE has moved in line with the HPI for detached houses in the Coventry local authority area.
• The January 2023 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BUSBY CLOSE has not materially changed since January 2023.

How Large is 16 BUSBY CLOSE?

16 BUSBY CLOSE is 86m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 16 BUSBY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 16 BUSBY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Coventry.

16 BUSBY CLOSE: Plot and Title Map

16 BUSBY CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 16 BUSBY 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 16 BUSBY 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 16 BUSBY CLOSE?

16 BUSBY CLOSE is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 16 on BUSBY CLOSE.