18, PAXMEAD CLOSE, COVENTRY, CV6 2NJ - £240,000

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 PAXMEAD CLOSE is a very small extended detached house of 73m², built sometime between 1976 and 1982. It was last sold for £240,000 in April 2021, which was around 35% below the average April 2021 detached price in the Coventry local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

18 PAXMEAD CLOSE Sold Prices

Land registry data shows two sales for 18 PAXMEAD 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 18 PAXMEAD 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 16 APR	£240,000	£369,551	35% below HPI
2013 18 JAN	£147,000	£229,198	36% below HPI

18 PAXMEAD 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 18 PAXMEAD CLOSE sales from January 2013 and April 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 January 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 PAXMEAD CLOSE?

18 PAXMEAD CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 18 PAXMEAD CLOSE lies on this distribution: 8% of detached houses are smaller than 18 PAXMEAD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Coventry.

18 PAXMEAD CLOSE: Plot and Title Map

18 PAXMEAD CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 18 PAXMEAD 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 18 PAXMEAD 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 18 PAXMEAD CLOSE?

18 PAXMEAD CLOSE is located in COVENTRY, in the CV6 postcode district. The below map shows the position of No. 18 on PAXMEAD CLOSE.