WOODACRE, TAMWORTH ROAD, CORLEY, COVENTRY, CV7 8AA - £630,000

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.

WOODACRE is a large extended detached house of 182m², built sometime between 1900 and 1929, which could now be worth an estimated £688,644. It was last sold for £630,000 in November 2020, which was around 71% above the average November 2020 detached price in the North Warwickshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was A.

WOODACRE Sold Prices

Land registry data shows three sales for WOODACRE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. All of the three WOODACRE 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
2020 13 NOV	£630,000	£368,145	71% above HPI
2006 28 APR	£420,000	£247,091	70% above HPI
1995 15 DEC	£186,000	£93,661	99% above HPI

WOODACRE 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 three WOODACRE sales between December 1995 and November 2020 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 2006 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2020 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might WOODACRE be worth now?

WOODACRE might now be worth an estimated £688,644.

This is based on house price inflation of 9.3%, between November 2020 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 9.3% inflationary increase is applied to the most recent sale price for WOODACRE of £630,000 on 13th November 2020. For the value to have increased from £630,000 to £688,644 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of WOODACRE has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The November 2020 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of WOODACRE has not materially changed since November 2020.

How Large is WOODACRE?

WOODACRE is 182m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses houses in Corley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corley, and where WOODACRE lies on this distribution: 70% of detached houses houses are smaller than WOODACRE, and 30% of houses are larger. Note that EPC data is not available for all properties in Corley.

WOODACRE: Plot and Title Map

WOODACRE sits on a plot of roughly 1.0 acres, or 4,080m². The below map shows the location of WOODACRE, 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 WOODACRE). 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 WOODACRE?

WOODACRE is located on TAMWORTH ROAD in CORLEY, in the CV7 postcode district. The below map shows the position of WOODACRE on TAMWORTH ROAD.