29, GROVE LANE, KERESLEY END, COVENTRY, CV7 8PN - £124,000

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

29 GROVE LANE is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £124,000 in January 2003, which was around 9% below the average January 2003 detached price in the Nuneaton and Bedworth local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

29 GROVE LANE Sold Prices

Land registry data shows four sales for 29 GROVE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Nuneaton and Bedworth local authority area for the corresponding sale date. All of the four 29 GROVE 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
2003 28 JAN	£124,000	£136,379	9% below HPI
1999 26 FEB	£66,500	£86,491	23% below HPI
1998 30 JAN	£64,950	£80,073	19% below HPI
1997 24 OCT	£64,000	£81,015	21% below HPI

29 GROVE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Nuneaton and Bedworth local authority area over time, sourced from the HPI. The four 29 GROVE LANE sales between October 1997 and January 2003 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 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2003 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 29 GROVE LANE?

29 GROVE LANE is 116m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Keresley Newlands, based on EPC data. The below chart shows the distribution of detached houses by size in Keresley Newlands, and where 29 GROVE LANE lies on this distribution: 57% of detached houses are smaller than 29 GROVE LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Keresley Newlands.

29 GROVE LANE: Plot and Title Map

29 GROVE LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 29 GROVE 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 29 GROVE 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 29 GROVE LANE?

29 GROVE LANE is located in KERESLEY END, in the CV7 postcode district. The below map shows the position of No. 29 on GROVE LANE.