7, ALGATE CLOSE, COVENTRY, CV6 4NB - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 ALGATE CLOSE is a large extended detached house of 144m², built sometime between 2003 and 2006. It was last sold for £340,000 in October 2022, which was around 16% below the average October 2022 detached price in the Coventry local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

7 ALGATE CLOSE Sold Prices

Land registry data shows four sales for 7 ALGATE 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 Coventry local authority area for the corresponding sale date. All of the four 7 ALGATE 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
2022 7 OCT	£340,000	£403,251	16% below HPI
2009 30 NOV	£170,000	£209,949	19% below HPI
2005 4 NOV	£184,000	£215,602	15% below HPI
2003 27 NOV	£142,500	£184,036	23% below HPI

7 ALGATE 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 four 7 ALGATE CLOSE sales between November 2003 and October 2022 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 ALGATE CLOSE be worth now?

7 ALGATE CLOSE might now be worth an estimated £349,922.

This is based on house price inflation of 2.9%, between October 2022 and December 2024, for 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 2.9% inflationary increase is applied to the most recent sale price for 7 ALGATE CLOSE of £340,000 on 7th October 2022. For the value to have increased from £340,000 to £349,922 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 7 ALGATE CLOSE has moved in line with the HPI for detached houses in the Coventry local authority area.
• The October 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ALGATE CLOSE has not materially changed since October 2022.

How Large is 7 ALGATE CLOSE?

7 ALGATE CLOSE is 144m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coventry, and where 7 ALGATE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 7 ALGATE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Coventry.

7 ALGATE CLOSE: Plot and Title Map

7 ALGATE CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 7 ALGATE 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 7 ALGATE 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 7 ALGATE CLOSE?

7 ALGATE CLOSE is located in COVENTRY, in the CV6 postcode district. The below map shows the position of No. 7 on ALGATE CLOSE.