BROAD LEA, NEW ROAD, COVENTRY, CV6 2EP - £255,000

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

BROAD LEA is a very small extended detached house of 65m², built sometime between 1967 and 1975. It was last sold for £255,000 in September 2014, which was around 1% below the average September 2014 detached price in the Coventry local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

BROAD LEA Sold Prices

Land registry data shows two sales for BROAD LEA 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. Both of the two BROAD LEA 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
2014 26 SEP	£255,000	£257,711	1% below HPI
2010 12 JAN	£105,000	£225,881	54% below HPI

BROAD LEA 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 BROAD LEA sales from January 2010 and September 2014 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 January 2010 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the September 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is BROAD LEA?

BROAD LEA is 65m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 BROAD LEA lies on this distribution: 4% of detached houses are smaller than BROAD LEA, and 96% of houses are larger. Note that EPC data is not available for all properties in Coventry.

BROAD LEA: Plot and Title Map

BROAD LEA sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of BROAD LEA, 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 BROAD LEA). 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 BROAD LEA?

BROAD LEA is located on NEW ROAD in COVENTRY, in the CV6 postcode district. The below map shows the position of BROAD LEA on NEW ROAD.