78, PENNY PARK LANE, COVENTRY, CV6 2GT - £275,500

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

78 PENNY PARK LANE is a very large extended detached house of 151m², built sometime between 1930 and 1949. It was last sold for £275,500 in April 2016, which was around 4% below the average April 2016 detached price in the Coventry local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

78 PENNY PARK LANE Sold Prices

Land registry data shows two sales for 78 PENNY PARK LANE 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 78 PENNY PARK LANE 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
2016 1 APR	£275,500	£286,780	4% below HPI
1995 19 MAY	£81,500	£78,532	4% above HPI

78 PENNY PARK LANE 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 78 PENNY PARK LANE sales from May 1995 and April 2016 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 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 78 PENNY PARK LANE?

78 PENNY PARK LANE is 151m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 78 PENNY PARK LANE lies on this distribution: 80% of detached houses are smaller than 78 PENNY PARK LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Coventry.

78 PENNY PARK LANE: Plot and Title Map

78 PENNY PARK LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 78 PENNY PARK 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 78 PENNY PARK 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.

Where is 78 PENNY PARK LANE?

78 PENNY PARK LANE is located in COVENTRY, in the CV6 postcode district. The below map shows the position of No. 78 on PENNY PARK LANE.