2, LADY LANE, LONGFORD, COVENTRY, CV6 6AZ - £320,000

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 LADY LANE is a very small detached house of 44m². It was last sold for £320,000 in November 2022, which was around 25% below the average November 2022 detached price in the Coventry local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

2 LADY LANE Sold Prices

Land registry data shows two sales for 2 LADY LANE 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 2 LADY LANE 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
2022 16 NOV	£320,000	£428,161	25% below HPI
2017 7 APR	£121,000	£307,677	61% below HPI

2 LADY LANE 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 LADY LANE sales from April 2017 and November 2022 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 April 2017 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the November 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 LADY LANE?

2 LADY LANE is 44m² according to the EPC inspection conducted in June 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 2 LADY LANE lies on this distribution: Less than 1% of detached houses are smaller than 2 LADY LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Coventry.

2 LADY LANE: Plot and Title Map

2 LADY LANE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 2 LADY 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 LADY 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.

Where is 2 LADY LANE?

2 LADY LANE is located in LONGFORD, in the CV6 postcode district. The below map shows the position of No. 2 on LADY LANE.