346, BROAD LANE, COVENTRY, CV5 7AT - £306,500

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

346 BROAD LANE is a small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £306,500 in August 2023, which was around 27% below the average August 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.

346 BROAD LANE Sold Prices

Land registry data shows two sales for 346 BROAD LANE 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. One of the two 346 BROAD LANE sales was for below the average price, whilst the other was 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 25 AUG	£306,500	£417,201	27% below HPI
1996 6 DEC	£88,000	£81,779	8% above HPI

346 BROAD LANE 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 346 BROAD LANE sales from December 1996 and August 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 December 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 346 BROAD LANE?

346 BROAD LANE is 92m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 346 BROAD LANE lies on this distribution: 27% of detached houses are smaller than 346 BROAD LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Coventry.

346 BROAD LANE: Plot and Title Map

346 BROAD LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 346 BROAD LANE, 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 346 BROAD LANE). 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 346 BROAD LANE?

346 BROAD LANE is located in COVENTRY, in the CV5 postcode district. The below map shows the position of No. 346 on BROAD LANE.