3, CADDEN DRIVE, COVENTRY, CV4 9FN - £240,000

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

3 CADDEN DRIVE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £240,000 in January 2019, which was around 32% below the average January 2019 detached price in the Coventry local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

3 CADDEN DRIVE Sold Prices

Land registry data shows three sales for 3 CADDEN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. All of the three 3 CADDEN DRIVE 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
2019 2 JAN	£240,000	£352,589	32% below HPI
2013 26 APR	£225,000	£236,780	5% below HPI
2002 20 MAY	£115,000	£147,188	22% below HPI

3 CADDEN DRIVE 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 three 3 CADDEN DRIVE sales between May 2002 and January 2019 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 April 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 CADDEN DRIVE?

3 CADDEN DRIVE is 76m² according to the EPC inspection conducted in October 2018. 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 3 CADDEN DRIVE lies on this distribution: 9% of detached houses are smaller than 3 CADDEN DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Coventry.

3 CADDEN DRIVE: Plot and Title Map

3 CADDEN DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 CADDEN DRIVE, 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 3 CADDEN DRIVE). 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 3 CADDEN DRIVE?

3 CADDEN DRIVE is located in COVENTRY, in the CV4 postcode district. The below map shows the position of No. 3 on CADDEN DRIVE.