2, FRIARS CLOSE, BINLEY WOODS, COVENTRY, CV3 2QW - £123,000

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 FRIARS CLOSE is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £123,000 in January 2001, which was around 12% below the average January 2001 detached price in the Rugby local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

2 FRIARS CLOSE Sold Prices

Land registry data shows two sales for 2 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. Both of the two 2 FRIARS 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
2001 26 JAN	£123,000	£139,078	12% below HPI
1997 4 JUL	£85,000	£100,530	15% below HPI

2 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 2 FRIARS CLOSE sales from July 1997 and January 2001 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 July 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2001 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 FRIARS CLOSE?

2 FRIARS CLOSE is 97m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Binley Woods, based on EPC data. The below chart shows the distribution of detached houses by size in Binley Woods, and where 2 FRIARS CLOSE lies on this distribution: 32% of detached houses are smaller than 2 FRIARS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Binley Woods.

2 FRIARS CLOSE: Plot and Title Map

2 FRIARS CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 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 2 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 2 FRIARS CLOSE?

2 FRIARS CLOSE is located in BINLEY WOODS, in the CV3 postcode district. The below map shows the position of No. 2 on FRIARS CLOSE.