ARDEN LODGE, ROCK LANE, CORLEY, COVENTRY, CV7 8BD - £490,000

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

ARDEN LODGE is a large detached house of 161m², built sometime between 1930 and 1949. It was last sold for £490,000 in May 2017, which was around 66% above the average May 2017 detached price in the North Warwickshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

ARDEN LODGE Sold Prices

Land registry data shows two sales for ARDEN LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. Both of the two ARDEN LODGE sales were 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
2017 30 MAY	£490,000	£295,512	66% above HPI
2002 10 MAR	£249,500	£134,200	86% above HPI

ARDEN LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The two ARDEN LODGE sales from March 2002 and May 2017 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 March 2002 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the May 2017 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is ARDEN LODGE?

ARDEN LODGE is 161m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Corley, based on EPC data. The below chart shows the distribution of detached houses by size in Corley, and where ARDEN LODGE lies on this distribution: 62% of detached houses are smaller than ARDEN LODGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Corley.

ARDEN LODGE: Plot and Title Map

ARDEN LODGE sits on a plot of roughly 0.567 of an acre, or 2,295m². The below map shows the location of ARDEN LODGE, 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 ARDEN LODGE). 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 ARDEN LODGE?

ARDEN LODGE is located on ROCK LANE in CORLEY, in the CV7 postcode district. The below map shows the position of ARDEN LODGE on ROCK LANE.