16, HOMEWARD WAY, BINLEY, COVENTRY, CV3 2UR - £250,000

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

16 HOMEWARD WAY is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £250,000 in August 2006, which was around 5% above the average August 2006 detached price in the Coventry local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

16 HOMEWARD WAY Sold Prices

Land registry data shows three sales for 16 HOMEWARD WAY 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 HOMEWARD WAY 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
2006 11 AUG	£250,000	£238,392	5% above HPI
2001 28 MAR	£162,000	£123,133	32% above HPI
1996 17 JUN	£109,950	£78,939	39% above HPI

16 HOMEWARD WAY 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 HOMEWARD WAY sales between June 1996 and August 2006 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 March 2001 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2006 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 16 HOMEWARD WAY?

16 HOMEWARD WAY is 114m² according to the EPC inspection conducted in December 2013. This puts it in the largest 50% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 16 HOMEWARD WAY lies on this distribution: 53% of detached houses are smaller than 16 HOMEWARD WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Coventry.

16 HOMEWARD WAY: Plot and Title Map

16 HOMEWARD WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 16 HOMEWARD WAY, 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 HOMEWARD WAY). 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 HOMEWARD WAY?

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