6, FRIARS CLOSE, BINLEY WOODS, COVENTRY, CV3 2QW - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 FRIARS CLOSE is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £405,493. It was last sold for £350,000 in October 2021, which was around 15% below the average October 2021 detached price in the Rugby local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

6 FRIARS CLOSE Sold Prices

Land registry data shows four sales for 6 FRIARS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Most of the four 6 FRIARS 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
2021 15 OCT	£350,000	£411,863	15% below HPI
2002 29 NOV	£150,000	£194,647	23% below HPI
1998 31 JUL	£95,000	£104,488	9% below HPI
1995 31 MAR	£85,000	£82,559	3% above HPI

6 FRIARS CLOSE 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 four 6 FRIARS CLOSE sales between March 1995 and October 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 November 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 6 FRIARS CLOSE be worth now?

6 FRIARS CLOSE might now be worth an estimated £405,493.

This is based on house price inflation of 15.9%, between October 2021 and February 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for 6 FRIARS CLOSE of £350,000 on 15th October 2021. For the value to have increased from £350,000 to £405,493 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 FRIARS CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The October 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FRIARS CLOSE has not materially changed since October 2021.

How Large is 6 FRIARS CLOSE?

6 FRIARS CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses houses in Binley Woods, based on EPC data. The below chart shows the distribution of detached houses houses by size in Binley Woods, and where 6 FRIARS CLOSE lies on this distribution: 36% of detached houses houses are smaller than 6 FRIARS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Binley Woods.

6 FRIARS CLOSE: Plot and Title Map

6 FRIARS CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 6 FRIARS 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 6 FRIARS 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 6 FRIARS CLOSE?

6 FRIARS CLOSE is located in BINLEY WOODS, in the CV3 postcode district. The below map shows the position of No. 6 on FRIARS CLOSE.