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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE CHIMES is a very small extended detached house of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £330,803. It was last sold for £260,000 in April 2017, which was around 18% 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. All of the four THE CHIMES 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
2017 27 APR	£260,000	£316,284	18% below HPI
2015 30 JUN	£254,000	£275,747	8% below HPI
2015 26 JUN	£251,000	£275,747	9% below HPI
2002 24 DEC	£180,000	£191,615	6% below 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might THE CHIMES be worth now?

THE CHIMES might now be worth an estimated £330,803.

This is based on house price inflation of 27.2%, between April 2017 and February 2025, for detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for THE CHIMES of £260,000 on 27th April 2017. For the value to have increased from £260,000 to £330,803 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of THE CHIMES has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The April 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHIMES has not materially changed since April 2017.

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 houses in Fillongley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fillongley, and where THE CHIMES lies on this distribution: Less than 1% of detached houses 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.