2, ALGATE CLOSE, COVENTRY, CV6 4NB - £337,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ALGATE CLOSE is a large detached house of 136m², built sometime between 2003 and 2006. It was last sold for £337,000 in September 2023, which was around 19% below the average September 2023 detached price in the Coventry local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

2 ALGATE CLOSE Sold Prices

Land registry data shows two sales for 2 ALGATE 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. One of the two 2 ALGATE 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
2023 18 SEP	£337,000	£418,297	19% below HPI
2004 21 MAY	£235,000	£205,144	15% above HPI

2 ALGATE 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 2 ALGATE CLOSE sales from May 2004 and September 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 May 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 ALGATE CLOSE?

2 ALGATE CLOSE is 136m² according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 2 ALGATE CLOSE lies on this distribution: 73% of detached houses are smaller than 2 ALGATE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Coventry.

2 ALGATE CLOSE: Plot and Title Map

2 ALGATE CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 2 ALGATE 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 2 ALGATE 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 2 ALGATE CLOSE?

2 ALGATE CLOSE is located in COVENTRY, in the CV6 postcode district. The below map shows the position of No. 2 on ALGATE CLOSE.