3, HEATHER ROAD, BINLEY WOODS, COVENTRY, CV3 2DE - £770,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 HEATHER ROAD is a very large extended detached house of 224m², built sometime between 1991 and 1995. It was last sold for £770,000 in September 2023, which was around 65% above the average September 2023 detached price in the Rugby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

3 HEATHER ROAD Sold Prices

Land registry data shows four sales for 3 HEATHER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the four 3 HEATHER ROAD 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
2023 15 SEP	£770,000	£467,335	65% above HPI
2006 28 APR	£499,950	£256,810	95% above HPI
2001 11 MAY	£150,000	£146,102	3% above HPI
2000 24 NOV	£150,000	£146,386	2% above HPI

3 HEATHER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The four 3 HEATHER ROAD sales between November 2000 and September 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 April 2006 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the September 2023 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 3 HEATHER ROAD?

3 HEATHER ROAD is 224m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Binley Woods, based on EPC data. The below chart shows the distribution of detached houses by size in Binley Woods, and where 3 HEATHER ROAD lies on this distribution: 91% of detached houses are smaller than 3 HEATHER ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Binley Woods.

3 HEATHER ROAD: Plot and Title Map

3 HEATHER ROAD sits on a plot of roughly 0.261 of an acre, or 1,056m². The below map shows the location of 3 HEATHER ROAD, 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 HEATHER ROAD). 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 HEATHER ROAD?

3 HEATHER ROAD is located in BINLEY WOODS, in the CV3 postcode district. The below map shows the position of No. 3 on HEATHER ROAD.