16, MARTLEY CLOSE, COVENTRY, CV3 2TP - £220,000

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.

16 MARTLEY CLOSE is a very small terraced house of 67m², built sometime between 2007 and 2011, which could now be worth an estimated £220,781. It was last sold for £220,000 in August 2022, which was around 9% above the average August 2022 terraced price in the Coventry local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

16 MARTLEY CLOSE Sold Prices

Land registry data shows two sales for 16 MARTLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Coventry local authority area for the corresponding sale date. One of the two 16 MARTLEY CLOSE sales was for above the average price, whilst the other was 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
2022 9 AUG	£220,000	£201,813	9% above HPI
2020 4 AUG	£92,500	£167,943	45% below HPI

16 MARTLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Coventry local authority area over time, sourced from the HPI. The two 16 MARTLEY CLOSE sales from August 2020 and August 2022 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 August 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 MARTLEY CLOSE be worth now?

16 MARTLEY CLOSE might now be worth an estimated £220,781.

This is based on house price inflation of 0.4%, between August 2022 and April 2026, for terraced houses, in the Coventry local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for 16 MARTLEY CLOSE of £220,000 on 9th August 2022. For the value to have increased from £220,000 to £220,781 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 16 MARTLEY CLOSE has moved in line with the HPI for terraced houses in the Coventry local authority area.
• The August 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARTLEY CLOSE has not materially changed since August 2022.

How Large is 16 MARTLEY CLOSE?

16 MARTLEY CLOSE is 67m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of terraced houses houses in Coventry, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Coventry, and where 16 MARTLEY CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 16 MARTLEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Coventry.

16 MARTLEY CLOSE: Plot and Title Map

16 MARTLEY CLOSE sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of 16 MARTLEY CLOSE, 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 16 MARTLEY CLOSE). 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 16 MARTLEY CLOSE?

16 MARTLEY CLOSE is located in COVENTRY, in the CV3 postcode district. The below map shows the position of No. 16 on MARTLEY CLOSE.