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 CANNOCKS LANE is a large detached house of 128m², built sometime before 1900. It was last sold for £460,000 in June 2021, which was around 23% above the average June 2021 detached price in the Coventry local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 2 CANNOCKS LANE since 1st 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 2 CANNOCKS LANE 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 30 JUN | £460,000 | £375,044 | 23% above HPI |
1998 23 MAR | £115,000 | £86,642 | 33% above HPI |
The below graph shows the average detached house price in the Coventry local authority area over time, sourced from the HPI. The two 2 CANNOCKS LANE sales from March 1998 and June 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 March 1998 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
2 CANNOCKS LANE is 128m² according to the EPC inspection conducted in October 2020. This puts it in the largest 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 2 CANNOCKS LANE lies on this distribution: 67% of detached houses are smaller than 2 CANNOCKS LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Coventry.
2 CANNOCKS LANE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 2 CANNOCKS LANE, 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 CANNOCKS LANE). 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.
2 CANNOCKS LANE is located in COVENTRY, in the CV4 postcode district. The below map shows the position of No. 2 on CANNOCKS LANE.