38, PAXMEAD CLOSE, COVENTRY, CV6 2NJ - £240,000

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

38 PAXMEAD CLOSE is a small extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £240,000 in August 2020, which was around 33% below the average August 2020 detached price in the Coventry local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

38 PAXMEAD CLOSE Sold Prices

Land registry data shows three sales for 38 PAXMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. All of the three 38 PAXMEAD CLOSE 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
2020 28 AUG	£240,000	£358,080	33% below HPI
2006 9 JUN	£174,950	£232,589	25% below HPI
1997 14 OCT	£81,500	£88,081	7% below HPI

38 PAXMEAD CLOSE 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 three 38 PAXMEAD CLOSE sales between October 1997 and August 2020 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38 PAXMEAD CLOSE?

38 PAXMEAD CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 38 PAXMEAD CLOSE lies on this distribution: 30% of detached houses are smaller than 38 PAXMEAD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Coventry.

38 PAXMEAD CLOSE: Plot and Title Map

38 PAXMEAD CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 38 PAXMEAD CLOSE, 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 38 PAXMEAD CLOSE). 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 38 PAXMEAD CLOSE?

38 PAXMEAD CLOSE is located in COVENTRY, in the CV6 postcode district. The below map shows the position of No. 38 on PAXMEAD CLOSE.