6, HOMEWARD WAY, BINLEY, COVENTRY, CV3 2UR - £284,000

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 HOMEWARD WAY is a very small extended semi-detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £366,640. It was last sold for £284,000 in July 2018, which was around 37% above the average July 2018 semi-detached price in the Coventry local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

6 HOMEWARD WAY Sold Prices

Land registry data shows two sales for 6 HOMEWARD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Coventry local authority area for the corresponding sale date. Both of the two 6 HOMEWARD WAY sales were for above 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 25 JUL	£284,000	£206,671	37% above HPI
1996 10 MAY	£89,950	£44,908	100% above HPI

6 HOMEWARD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Coventry local authority area over time, sourced from the HPI. The two 6 HOMEWARD WAY sales from May 1996 and July 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 1996 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the July 2018 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 6 HOMEWARD WAY be worth now?

6 HOMEWARD WAY might now be worth an estimated £366,640.

This is based on house price inflation of 29.1%, between July 2018 and February 2025, for semi-detached houses, in the Coventry local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.1% inflationary increase is applied to the most recent sale price for 6 HOMEWARD WAY of £284,000 on 25th July 2018. For the value to have increased from £284,000 to £366,640 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 6 HOMEWARD WAY has moved in line with the HPI for semi-detached houses in the Coventry local authority area.
• The July 2018 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HOMEWARD WAY has not materially changed since July 2018.

How Large is 6 HOMEWARD WAY?

6 HOMEWARD WAY is 85m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of semi-detached houses houses in Coventry, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coventry, and where 6 HOMEWARD WAY lies on this distribution: 16% of semi-detached houses houses are smaller than 6 HOMEWARD WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Coventry.

6 HOMEWARD WAY: Plot and Title Map

6 HOMEWARD WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 6 HOMEWARD WAY, 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 HOMEWARD WAY). 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 HOMEWARD WAY?

6 HOMEWARD WAY is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 6 on HOMEWARD WAY.