5, HEATHER ROAD, BINLEY WOODS, COVENTRY, CV3 2DE - £258,000

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

5 HEATHER ROAD is a very large detached house of 185m², built in 2021. It was last sold for £258,000 in June 2018, which was around 29% below the average June 2018 detached price in the Rugby local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

5 HEATHER ROAD Sold Prices

Land registry data shows two sales for 5 HEATHER 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 5 HEATHER 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
2018 18 JUN	£258,000	£365,881	29% below HPI
2017 17 MAY	£225,000	£345,427	35% below HPI

5 HEATHER 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 5 HEATHER ROAD sales from May 2017 and June 2018 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 May 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 HEATHER ROAD?

5 HEATHER ROAD is 185m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% 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 5 HEATHER ROAD lies on this distribution: 83% of detached houses are smaller than 5 HEATHER ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Binley Woods.

5 HEATHER ROAD: Plot and Title Map

5 HEATHER ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 5 HEATHER 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 5 HEATHER 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 5 HEATHER ROAD?

5 HEATHER ROAD is located in BINLEY WOODS, in the CV3 postcode district. The below map shows the position of No. 5 on HEATHER ROAD.