8, HOMESTEAD, COVENTRY, CV2 1UP - £153,000

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

8 HOMESTEAD is a very small detached house of 66m², built sometime from 2012 onwards. It was last sold for £153,000 in July 2019, which was around 56% below the average July 2019 detached price in the Coventry local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

8 HOMESTEAD Sold Prices

Land registry data shows three sales for 8 HOMESTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. All of the three 8 HOMESTEAD 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
2019 31 JUL	£153,000	£349,745	56% below HPI
2019 30 APR	£160,000	£351,551	54% below HPI
2014 21 MAR	£119,995	£244,322	51% below HPI

8 HOMESTEAD 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 three 8 HOMESTEAD sales between March 2014 and July 2019 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 April 2019 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2019 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 8 HOMESTEAD?

8 HOMESTEAD is 66m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 8 HOMESTEAD lies on this distribution: 4% of detached houses are smaller than 8 HOMESTEAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Coventry.

8 HOMESTEAD: Plot and Title Map

8 HOMESTEAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 8 HOMESTEAD, 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 8 HOMESTEAD). 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 8 HOMESTEAD?

8 HOMESTEAD is located in COVENTRY, in the CV2 postcode district. The below map shows the position of No. 8 on HOMESTEAD.