40, BROAD LANE, COVENTRY, CV5 7AB - £263,000

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

40 BROAD LANE is a very large extended detached house of 175m², built sometime between 1900 and 1929. It was last sold for £263,000 in February 2020, which was around 25% below the average February 2020 detached price in the Coventry local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

40 BROAD LANE Sold Prices

Land registry data shows three sales for 40 BROAD LANE 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 40 BROAD LANE 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 11 FEB	£263,000	£352,584	25% below HPI
2007 17 AUG	£205,000	£248,649	18% below HPI
2001 12 JAN	£114,500	£120,311	5% below HPI

40 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 three 40 BROAD LANE sales between January 2001 and February 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 August 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 BROAD LANE?

40 BROAD LANE is 175m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 40 BROAD LANE lies on this distribution: 88% of detached houses are smaller than 40 BROAD LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Coventry.

40 BROAD LANE: Plot and Title Map

40 BROAD LANE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 40 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 40 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 40 BROAD LANE?

40 BROAD LANE is located in COVENTRY, in the CV5 postcode district. The below map shows the position of No. 40 on BROAD LANE.