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
8 LOLE CLOSE is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £153,000 in October 2011, which was around 33% below the average October 2011 detached price in the Coventry local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 LOLE CLOSE since 1st 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 LOLE 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 |
---|---|---|---|
2011 21 OCT | £153,000 | £228,252 | 33% below HPI |
2004 8 JUN | £152,000 | £209,836 | 28% below HPI |
1999 4 JUN | £82,950 | £97,546 | 15% below HPI |
The below graph shows the average detached house price in the Coventry local authority area over time, sourced from the HPI. The three 8 LOLE CLOSE sales between June 1999 and October 2011 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
8 LOLE CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 8 LOLE CLOSE lies on this distribution: 17% of detached houses are smaller than 8 LOLE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Coventry.
8 LOLE CLOSE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 8 LOLE 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 8 LOLE 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.
8 LOLE CLOSE is located in LONGFORD, in the CV6 postcode district. The below map shows the position of No. 8 on LOLE CLOSE.