Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
262 CROMWELL LANE is a very small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £385,000 in December 2021, which was around 32% below the average December 2021 detached price in the Warwick local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 262 CROMWELL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 262 CROMWELL 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 |
---|---|---|---|
2021 22 DEC | £385,000 | £567,526 | 32% below HPI |
2016 27 JUN | £210,000 | £479,255 | 56% below HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 262 CROMWELL LANE sales from June 2016 and December 2021 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 June 2016 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the December 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
262 CROMWELL LANE is 89m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Burton Green, based on EPC data. The below chart shows the distribution of detached houses by size in Burton Green, and where 262 CROMWELL LANE lies on this distribution: 7% of detached houses are smaller than 262 CROMWELL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Burton Green.
262 CROMWELL LANE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 262 CROMWELL 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 262 CROMWELL 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.
262 CROMWELL LANE is located in COVENTRY, in the CV4 postcode district. The below map shows the position of No. 262 on CROMWELL LANE.