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
55 WOODWAY LANE is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £140,000 in September 2003, which was around 27% below the average September 2003 detached price in the Coventry local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 55 WOODWAY LANE 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 55 WOODWAY LANE 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 |
---|---|---|---|
2003 25 SEP | £140,000 | £191,874 | 27% below HPI |
1997 23 JUN | £75,000 | £84,428 | 11% 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 55 WOODWAY LANE sales from June 1997 and September 2003 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 June 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2003 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
55 WOODWAY LANE is 130m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 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 55 WOODWAY LANE lies on this distribution: 69% of detached houses are smaller than 55 WOODWAY LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Coventry.
55 WOODWAY LANE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 55 WOODWAY LANE, 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 55 WOODWAY LANE). 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.
55 WOODWAY LANE is located in COVENTRY, in the CV2 postcode district. The below map shows the position of No. 55 on WOODWAY LANE.