22, CHERRYWOOD GROVE, COVENTRY, CV5 7QJ - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 CHERRYWOOD GROVE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £516,340. It was last sold for £420,000 in March 2020, which was around 25% above the average March 2020 detached price in the Coventry local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

22 CHERRYWOOD GROVE Sold Prices

Land registry data shows two sales for 22 CHERRYWOOD GROVE 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 22 CHERRYWOOD GROVE 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
2020 9 MAR	£420,000	£334,791	25% above HPI
2002 25 JUL	£224,000	£144,884	55% above HPI

22 CHERRYWOOD GROVE 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 22 CHERRYWOOD GROVE sales from July 2002 and March 2020 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 2002 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 22 CHERRYWOOD GROVE be worth now?

22 CHERRYWOOD GROVE might now be worth an estimated £516,340.

This is based on house price inflation of 22.9%, between March 2020 and March 2025, for detached houses, in the Coventry local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 22 CHERRYWOOD GROVE of £420,000 on 9th March 2020. For the value to have increased from £420,000 to £516,340 over the five years to March 2025, the following assumptions must hold true:

• The value of 22 CHERRYWOOD GROVE has moved in line with the HPI for detached houses in the Coventry local authority area.
• The March 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHERRYWOOD GROVE has not materially changed since March 2020.

How Large is 22 CHERRYWOOD GROVE?

22 CHERRYWOOD GROVE is 115m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coventry, and where 22 CHERRYWOOD GROVE lies on this distribution: 55% of detached houses houses are smaller than 22 CHERRYWOOD GROVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Coventry.

22 CHERRYWOOD GROVE: Plot and Title Map

22 CHERRYWOOD GROVE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 22 CHERRYWOOD GROVE, 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 22 CHERRYWOOD GROVE). 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 22 CHERRYWOOD GROVE?

22 CHERRYWOOD GROVE is located in COVENTRY, in the CV5 postcode district. The below map shows the position of No. 22 on CHERRYWOOD GROVE.