48, PINEWOOD DRIVE, BINLEY WOODS, COVENTRY, CV3 2BX - £320,000

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

48 PINEWOOD DRIVE is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £320,000 in December 2021, which was around 26% below the average December 2021 detached price in the Rugby local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

48 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 48 PINEWOOD DRIVE 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 48 PINEWOOD DRIVE 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
2021 22 DEC	£320,000	£434,342	26% below HPI
2006 29 MAR	£188,000	£259,674	28% below HPI

48 PINEWOOD DRIVE 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 48 PINEWOOD DRIVE sales from March 2006 and December 2021 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 March 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 48 PINEWOOD DRIVE?

48 PINEWOOD DRIVE is 74m², which includes one extension, according to the EPC inspection conducted in July 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 48 PINEWOOD DRIVE lies on this distribution: 8% of detached houses are smaller than 48 PINEWOOD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Binley Woods.

48 PINEWOOD DRIVE: Plot and Title Map

48 PINEWOOD DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 48 PINEWOOD DRIVE, 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 48 PINEWOOD DRIVE). 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 48 PINEWOOD DRIVE?

48 PINEWOOD DRIVE is located in BINLEY WOODS, in the CV3 postcode district. The below map shows the position of No. 48 on PINEWOOD DRIVE.