2, INCA CLOSE, BINLEY, COVENTRY, CV3 2EX - £172,000

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.

2 INCA CLOSE is a very small extended terraced house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £179,842. It was last sold for £172,000 in June 2023, which was around 11% below the average June 2023 terraced price in the Coventry local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 INCA CLOSE Sold Prices

Land registry data shows two sales for 2 INCA 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. Both of the two 2 INCA CLOSE 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 9 JUN	£172,000	£193,698	11% below HPI
2008 14 NOV	£90,000	£109,890	18% below HPI

2 INCA 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 2 INCA CLOSE sales from November 2008 and June 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 November 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 INCA CLOSE be worth now?

2 INCA CLOSE might now be worth an estimated £179,842.

This is based on house price inflation of 4.6%, between June 2023 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 4.6% inflationary increase is applied to the most recent sale price for 2 INCA CLOSE of £172,000 on 9th June 2023. For the value to have increased from £172,000 to £179,842 over the three years and two months to April 2026, the following assumptions must hold true:

• The value of 2 INCA CLOSE has moved in line with the HPI for terraced houses in the Coventry local authority area.
• The June 2023 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 2 INCA CLOSE has not materially changed since June 2023.

How Large is 2 INCA CLOSE?

2 INCA CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in February 2020. 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 2 INCA CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 2 INCA CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Coventry.

2 INCA CLOSE: Plot and Title Map

2 INCA CLOSE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 2 INCA 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 2 INCA 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 2 INCA CLOSE?

2 INCA CLOSE is located in BINLEY, in the CV3 postcode district. The below map shows the position of No. 2 on INCA CLOSE.