988, BROAD LANE, COVENTRY, CV5 7FH - £360,000

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

988 BROAD LANE is a large detached house of 138m², built sometime between 1930 and 1949. It was last sold for £360,000 in October 2016, which was around 19% above the average October 2016 detached price in the Coventry local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

988 BROAD LANE Sold Prices

Land registry data shows two sales for 988 BROAD 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 988 BROAD LANE sales was for above the average price, whilst the other was 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
2016 14 OCT	£360,000	£303,175	19% above HPI
2011 1 APR	£160,000	£229,058	30% below HPI

988 BROAD 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 988 BROAD LANE sales from April 2011 and October 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 April 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 988 BROAD LANE?

988 BROAD LANE is 138m² according to the EPC inspection conducted in March 2016. This puts it in the largest 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 988 BROAD LANE lies on this distribution: 74% of detached houses are smaller than 988 BROAD LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Coventry.

988 BROAD LANE: Plot and Title Map

988 BROAD LANE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 988 BROAD 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 988 BROAD 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 988 BROAD LANE?

988 BROAD LANE is located in COVENTRY, in the CV5 postcode district. The below map shows the position of No. 988 on BROAD LANE.