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
5 ALGATE CLOSE is a small extended detached house of 102m², built sometime between 2003 and 2006. It was last sold for £220,000 in June 2017, which was around 31% below the average June 2017 detached price in the Coventry local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 ALGATE CLOSE since 1st 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. Both of the two 5 ALGATE 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 |
---|---|---|---|
2017 6 JUN | £220,000 | £320,514 | 31% below HPI |
2003 21 NOV | £168,995 | £195,393 | 14% below HPI |
The below graph shows the average detached house price in the Coventry local authority area over time, sourced from the HPI. The two 5 ALGATE CLOSE sales from November 2003 and June 2017 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 November 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
5 ALGATE CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 5 ALGATE CLOSE lies on this distribution: 38% of detached houses are smaller than 5 ALGATE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Coventry.
5 ALGATE CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 ALGATE 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 5 ALGATE 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.
5 ALGATE CLOSE is located in COVENTRY, in the CV6 postcode district. The below map shows the position of No. 5 on ALGATE CLOSE.