3, CASPIAN WAY, COVENTRY, CV2 2NZ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CASPIAN WAY is a very small semi-detached house of 53m², built sometime between 1967 and 1975, which could now be worth an estimated £262,919. It was last sold for £250,000 in February 2023, which was around 1% below the average February 2023 semi-detached price in the Coventry local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

3 CASPIAN WAY Sold Prices

Land registry data shows three sales for 3 CASPIAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Coventry local authority area for the corresponding sale date. One of the three 3 CASPIAN WAY sales was for below the average price, whilst two 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
2023 10 FEB	£250,000	£253,699	1% below HPI
2004 30 JUN	£139,500	£126,999	10% above HPI
2003 21 OCT	£121,000	£113,500	7% above HPI

3 CASPIAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Coventry local authority area over time, sourced from the HPI. The three 3 CASPIAN WAY sales between October 2003 and February 2023 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 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 CASPIAN WAY be worth now?

3 CASPIAN WAY might now be worth an estimated £262,919.

This is based on house price inflation of 5.2%, between February 2023 and February 2025, for semi-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 5.2% inflationary increase is applied to the most recent sale price for 3 CASPIAN WAY of £250,000 on 10th February 2023. For the value to have increased from £250,000 to £262,919 over the two years to February 2025, the following assumptions must hold true:

• The value of 3 CASPIAN WAY has moved in line with the HPI for semi-detached houses in the Coventry local authority area.
• The February 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CASPIAN WAY has not materially changed since February 2023.

How Large is 3 CASPIAN WAY?

3 CASPIAN WAY is 53m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Coventry, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coventry, and where 3 CASPIAN WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 3 CASPIAN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Coventry.

3 CASPIAN WAY: Plot and Title Map

3 CASPIAN WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 CASPIAN WAY, 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 CASPIAN WAY). 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 CASPIAN WAY?

3 CASPIAN WAY is located in COVENTRY, in the CV2 postcode district. The below map shows the position of No. 3 on CASPIAN WAY.