GRAYLANDS, BANNER LANE, COVENTRY, CV4 9GH - £436,400

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

GRAYLANDS is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £436,400 in June 2021, which was around 16% above the average June 2021 detached price in the Coventry local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

GRAYLANDS Sold Prices

Land registry data shows two sales for GRAYLANDS 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 GRAYLANDS 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
2021 21 JUN	£436,400	£375,044	16% above HPI
1999 1 APR	£166,000	£94,824	75% above HPI

GRAYLANDS 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 GRAYLANDS sales from April 1999 and June 2021 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 1999 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the June 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is GRAYLANDS?

GRAYLANDS is 110m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where GRAYLANDS lies on this distribution: 47% of detached houses are smaller than GRAYLANDS, and 52% of houses are larger. Note that EPC data is not available for all properties in Coventry.

GRAYLANDS: Plot and Title Map

GRAYLANDS sits on a plot of roughly 0.169 of an acre, or 686m². The below map shows the location of GRAYLANDS, 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 GRAYLANDS). 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 GRAYLANDS?

GRAYLANDS is located on BANNER LANE in COVENTRY, in the CV4 postcode district. The below map shows the position of GRAYLANDS on BANNER LANE.