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 MADIN CLOSE is a very small detached house of 84m². It was last sold for £350,000 in November 2022, which was around 18% below the average November 2022 detached price in the Coventry local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 MADIN CLOSE 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 MADIN 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 |
---|---|---|---|
2022 4 NOV | £350,000 | £428,161 | 18% below HPI |
2015 27 FEB | £234,995 | £260,971 | 10% below 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 MADIN CLOSE sales from February 2015 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 February 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
2 MADIN CLOSE is 84m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% 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 MADIN CLOSE lies on this distribution: 15% of detached houses are smaller than 2 MADIN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Coventry.
2 MADIN CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2 MADIN 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 MADIN 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.
2 MADIN CLOSE is located in COVENTRY, in the CV4 postcode district. The below map shows the position of No. 2 on MADIN CLOSE.