309, PRINCETHORPE WAY, BINLEY, COVENTRY, CV3 2QA - £235,000

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

309 PRINCETHORPE WAY is a very small detached house of 50m², built sometime between 1976 and 1982. It was last sold for £235,000 in June 2022, which was around 42% below the average June 2022 detached price in the Coventry local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

309 PRINCETHORPE WAY Sold Prices

Land registry data shows two sales for 309 PRINCETHORPE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. Both of the two 309 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
2022 29 JUN	£235,000	£405,619	42% below HPI
2020 12 AUG	£180,000	£358,080	50% below HPI

309 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 two 309 PRINCETHORPE WAY sales from August 2020 and June 2022 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 August 2020 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 309 PRINCETHORPE WAY?

309 PRINCETHORPE WAY is 50m² according to the EPC inspection conducted in January 2020. 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 309 PRINCETHORPE WAY lies on this distribution: 1% of detached houses are smaller than 309 PRINCETHORPE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Coventry.

309 PRINCETHORPE WAY: Plot and Title Map

309 PRINCETHORPE WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 309 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 309 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 309 PRINCETHORPE WAY?

309 PRINCETHORPE WAY is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 309 on PRINCETHORPE WAY.