STRAIGHT MILE, HAMPTON LANE, MERIDEN, COVENTRY, CV7 7JR - £1,062,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

STRAIGHT MILE is a very large extended detached house of 263m², built sometime between 1950 and 1966, which could now be worth an estimated £1,067,753. It was last sold for £1,062,500 in September 2023, which was around 81% above the average September 2023 detached price in the Solihull local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

STRAIGHT MILE Sold Prices

Land registry data shows two sales for STRAIGHT MILE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two STRAIGHT MILE 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 28 SEP	£1,062,500	£586,762	81% above HPI
2017 6 OCT	£515,000	£461,634	12% above HPI

STRAIGHT MILE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two STRAIGHT MILE sales from October 2017 and September 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 October 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2023 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might STRAIGHT MILE be worth now?

STRAIGHT MILE might now be worth an estimated £1,067,753.

This is based on house price inflation of 0.5%, between September 2023 and December 2024, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for STRAIGHT MILE of £1,062,500 on 28th September 2023. For the value to have increased from £1,062,500 to £1,067,753 over the nine months to December 2024, the following assumptions must hold true:

• The value of STRAIGHT MILE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The September 2023 sale price of £1,062,500 represented a fair market value for the property.
• The size, condition, and specification of STRAIGHT MILE has not materially changed since September 2023.

How Large is STRAIGHT MILE?

STRAIGHT MILE is 263m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses houses in Meriden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Meriden, and where STRAIGHT MILE lies on this distribution: 95% of detached houses houses are smaller than STRAIGHT MILE, and 5% of houses are larger. Note that EPC data is not available for all properties in Meriden.

STRAIGHT MILE: Plot and Title Map

STRAIGHT MILE sits on a plot of roughly 0.377 of an acre, or 1,524m². The below map shows the location of STRAIGHT MILE, 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 STRAIGHT MILE). 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 STRAIGHT MILE?

STRAIGHT MILE is located on HAMPTON LANE in MERIDEN, in the CV7 postcode district. The below map shows the position of STRAIGHT MILE on HAMPTON LANE.