7, HOMEWARD WAY, BINLEY, COVENTRY, CV3 2UR - £143,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HOMEWARD WAY is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £143,950 in June 2002, which was around 5% below the average June 2002 detached price in the Coventry local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

7 HOMEWARD WAY Sold Prices

Land registry data shows two sales for 7 HOMEWARD WAY 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. One of the two 7 HOMEWARD WAY sales was for below the average price, whilst the other was 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
2002 28 JUN	£143,950	£150,966	5% below HPI
1996 28 JUN	£89,950	£78,939	14% above HPI

7 HOMEWARD WAY 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 7 HOMEWARD WAY sales from June 1996 and June 2002 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 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2002 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 7 HOMEWARD WAY?

7 HOMEWARD WAY is 90m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 7 HOMEWARD WAY lies on this distribution: 23% of detached houses are smaller than 7 HOMEWARD WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Coventry.

7 HOMEWARD WAY: Plot and Title Map

7 HOMEWARD WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 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 7 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 7 HOMEWARD WAY?

7 HOMEWARD WAY is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 7 on HOMEWARD WAY.