305, PRINCETHORPE WAY, BINLEY, COVENTRY, CV3 2QA - £249,950

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

305 PRINCETHORPE WAY is a very small extended detached house of 63m², built sometime between 1967 and 1975. It was last sold for £249,950 in February 2023, which was around 41% below the average February 2023 detached price in the Coventry local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

305 PRINCETHORPE WAY Sold Prices

Land registry data shows four sales for 305 PRINCETHORPE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. All of the four 305 PRINCETHORPE WAY 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
2023 22 FEB	£249,950	£421,116	41% below HPI
2021 15 MAR	£162,000	£368,551	56% below HPI
2000 19 OCT	£77,000	£119,994	36% below HPI
1996 19 DEC	£51,500	£81,779	37% below HPI

305 PRINCETHORPE WAY 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 four 305 PRINCETHORPE WAY sales between December 1996 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 March 2021 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2023 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 305 PRINCETHORPE WAY?

305 PRINCETHORPE WAY is 63m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 305 PRINCETHORPE WAY lies on this distribution: 3% of detached houses are smaller than 305 PRINCETHORPE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Coventry.

305 PRINCETHORPE WAY: Plot and Title Map

305 PRINCETHORPE WAY sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 305 PRINCETHORPE 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 305 PRINCETHORPE 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 305 PRINCETHORPE WAY?

305 PRINCETHORPE WAY is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 305 on PRINCETHORPE WAY.