2, PAXMEAD CLOSE, COVENTRY, CV6 2NJ - £170,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 PAXMEAD CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £170,000 in October 2024, which was around 61% below the average October 2024 detached price in the Coventry local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

2 PAXMEAD CLOSE Sold Prices

Land registry data shows two sales for 2 PAXMEAD 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. Both of the two 2 PAXMEAD 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
2024 28 OCT	£170,000	£440,154	61% below HPI
2015 8 DEC	£170,000	£284,193	40% below HPI

2 PAXMEAD 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 PAXMEAD CLOSE sales from December 2015 and October 2024 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 December 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2024 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 2 PAXMEAD CLOSE?

2 PAXMEAD CLOSE is 73m² according to the EPC inspection conducted in April 2015. 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 PAXMEAD CLOSE lies on this distribution: 8% of detached houses are smaller than 2 PAXMEAD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Coventry.

2 PAXMEAD CLOSE: Plot and Title Map

2 PAXMEAD CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 2 PAXMEAD 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 PAXMEAD 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 PAXMEAD CLOSE?

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