HIGHLEA, GREEN LANE, CORLEY, COVENTRY, CV7 8AL - £620,000

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

HIGHLEA is a midsized extended detached house of 158m², built sometime between 1983 and 1990. It was last sold for £620,000 in December 2023, which was around 50% above the average December 2023 detached price in the Coventry local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

HIGHLEA Sold Prices

Land registry data shows two sales for HIGHLEA 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 HIGHLEA 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
2023 19 DEC	£620,000	£413,687	50% above HPI
1997 16 APR	£173,000	£82,965	109% above HPI

HIGHLEA 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 HIGHLEA sales from April 1997 and December 2023 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 1997 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the December 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is HIGHLEA?

HIGHLEA is 158m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses in Corley Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Corley Moor, and where HIGHLEA lies on this distribution: 54% of detached houses are smaller than HIGHLEA, and 46% of houses are larger. Note that EPC data is not available for all properties in Corley Moor.

HIGHLEA: Plot and Title Map

HIGHLEA sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of HIGHLEA, 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 HIGHLEA). 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 HIGHLEA?

HIGHLEA is located on GREEN LANE in CORLEY, in the CV7 postcode district. The below map shows the position of HIGHLEA on GREEN LANE.