1, CASPIAN WAY, COVENTRY, CV2 2NZ - £254,000

1 CASPIAN WAY is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £254,000 in December 2023, which was around 39% below the average December 2023 detached price in the Coventry local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

1 CASPIAN WAY Sold Prices

Land registry data shows three sales for 1 CASPIAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Coventry local authority area for the corresponding sale date. All of the three 1 CASPIAN WAY 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
2023 18 DEC	£254,000	£413,410	39% below HPI
2019 14 FEB	£249,999	£351,139	29% below HPI
2016 29 MAR	£165,000	£280,523	41% below HPI

1 CASPIAN WAY 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 three 1 CASPIAN WAY sales between March 2016 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 February 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 CASPIAN WAY?

1 CASPIAN WAY is 53m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 1 CASPIAN WAY lies on this distribution: 1% of detached houses are smaller than 1 CASPIAN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Coventry.

1 CASPIAN WAY: Plot and Title Map

1 CASPIAN WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 1 CASPIAN WAY, 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 1 CASPIAN WAY). 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 1 CASPIAN WAY?

1 CASPIAN WAY is located in COVENTRY, in the CV2 postcode district. The below map shows the position of No. 1 on CASPIAN WAY.