5, LOLE CLOSE, LONGFORD, COVENTRY, CV6 6PR - £280,000

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 LOLE CLOSE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £280,000 in February 2024, which was around 32% below the average February 2024 detached price in the Coventry local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

5 LOLE CLOSE Sold Prices

Land registry data shows two sales for 5 LOLE CLOSE since 1^st 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 LOLE 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
2024 2 FEB	£280,000	£413,481	32% below HPI
1999 29 JAN	£91,242	£94,075	3% below HPI

5 LOLE CLOSE 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 two 5 LOLE CLOSE sales from January 1999 and February 2024 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 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 LOLE CLOSE?

5 LOLE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% 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 LOLE CLOSE lies on this distribution: 56% of detached houses are smaller than 5 LOLE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Coventry.

5 LOLE CLOSE: Plot and Title Map

5 LOLE CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 5 LOLE 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 LOLE 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.

Where is 5 LOLE CLOSE?

5 LOLE CLOSE is located in LONGFORD, in the CV6 postcode district. The below map shows the position of No. 5 on LOLE CLOSE.