40, MONKS ROAD, BINLEY WOODS, COVENTRY, CV3 2BS - £250,000

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 MONKS ROAD is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £250,000 in April 2022, which was around 44% below the average April 2022 detached price in the Rugby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

40 MONKS ROAD Sold Prices

Land registry data shows two sales for 40 MONKS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 40 MONKS ROAD 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 14 APR	£250,000	£442,582	44% below HPI
2005 27 JAN	£210,000	£262,560	20% below HPI

40 MONKS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two 40 MONKS ROAD sales from January 2005 and April 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 January 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 40 MONKS ROAD?

40 MONKS ROAD is 62m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Binley Woods, based on EPC data. The below chart shows the distribution of detached houses by size in Binley Woods, and where 40 MONKS ROAD lies on this distribution: 2% of detached houses are smaller than 40 MONKS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Binley Woods.

40 MONKS ROAD: Plot and Title Map

40 MONKS ROAD sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 40 MONKS ROAD, 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 MONKS ROAD). 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 MONKS ROAD?

40 MONKS ROAD is located in BINLEY WOODS, in the CV3 postcode district. The below map shows the position of No. 40 on MONKS ROAD.