19, FRIARS CLOSE, BINLEY WOODS, COVENTRY, CV3 2QW - £248,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

19 FRIARS CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £408,343. It was last sold for £248,500 in May 2014, which was around 10% below the average May 2014 detached price in the Rugby local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

19 FRIARS CLOSE Sold Prices

Land registry data shows two sales for 19 FRIARS 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 Rugby local authority area for the corresponding sale date. One of the two 19 FRIARS CLOSE sales was for below the average price, whilst the other was 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
2014 23 MAY	£248,500	£276,357	10% below HPI
2004 12 JAN	£225,000	£213,883	5% above HPI

19 FRIARS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two 19 FRIARS CLOSE sales from January 2004 and May 2014 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 19 FRIARS CLOSE be worth now?

19 FRIARS CLOSE might now be worth an estimated £408,343.

This is based on house price inflation of 64.3%, between May 2014 and December 2024, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.3% inflationary increase is applied to the most recent sale price for 19 FRIARS CLOSE of £248,500 on 23rd May 2014. For the value to have increased from £248,500 to £408,343 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 19 FRIARS CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The May 2014 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 19 FRIARS CLOSE has not materially changed since May 2014.

How Large is 19 FRIARS CLOSE?

19 FRIARS CLOSE is 70m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Binley Woods, based on EPC data. The below chart shows the distribution of detached houses houses by size in Binley Woods, and where 19 FRIARS CLOSE lies on this distribution: 4% of detached houses houses are smaller than 19 FRIARS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Binley Woods.

19 FRIARS CLOSE: Plot and Title Map

19 FRIARS CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 19 FRIARS 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 19 FRIARS 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 19 FRIARS CLOSE?

19 FRIARS CLOSE is located in BINLEY WOODS, in the CV3 postcode district. The below map shows the position of No. 19 on FRIARS CLOSE.