18, HOMEWARD WAY, BINLEY, COVENTRY, CV3 2UR - £370,000

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

18 HOMEWARD WAY is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £370,000 in July 2021, which was around 2% below the average July 2021 detached price in the Coventry local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

18 HOMEWARD WAY Sold Prices

Land registry data shows four sales for 18 HOMEWARD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. Most of the four 18 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
2021 26 JUL	£370,000	£378,034	2% below HPI
2006 15 DEC	£245,000	£240,035	2% above HPI
1999 8 OCT	£123,500	£102,009	21% above HPI
1996 27 JUN	£95,950	£78,939	22% above HPI

18 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 four 18 HOMEWARD WAY sales between June 1996 and July 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 HOMEWARD WAY?

18 HOMEWARD WAY is 102m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 18 HOMEWARD WAY lies on this distribution: 38% of detached houses are smaller than 18 HOMEWARD WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Coventry.

18 HOMEWARD WAY: Plot and Title Map

18 HOMEWARD WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 18 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 18 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 18 HOMEWARD WAY?

18 HOMEWARD WAY is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 18 on HOMEWARD WAY.