THE CHIMES, OUSTERNE LANE, FILLONGLEY, COVENTRY, CV7 8EU - £260,000

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

THE CHIMES is a very small extended detached house of 48m², built sometime between 1976 and 1982. It was last sold for £260,000 in April 2017, which was around 10% below the average April 2017 detached price in the North Warwickshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

THE CHIMES Sold Prices

Land registry data shows four sales for THE CHIMES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. One of the four THE CHIMES sales was for below the average price, whilst two 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 27 APR	£260,000	£288,869	10% below HPI
2015 30 JUN	£254,000	£251,846	1% above HPI
2015 26 JUN	£251,000	£251,846	Close to HPI
2002 24 DEC	£180,000	£175,006	3% above HPI

THE CHIMES 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 four THE CHIMES sales between December 2002 and April 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 June 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE CHIMES?

THE CHIMES is 48m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Fillongley, based on EPC data. The below chart shows the distribution of detached houses by size in Fillongley, and where THE CHIMES lies on this distribution: Less than 1% of detached houses are smaller than THE CHIMES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fillongley.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on OUSTERNE LANE in FILLONGLEY, in the CV7 postcode district. The below map shows the position of THE CHIMES on OUSTERNE LANE.