2, LEYS LANE, MERIDEN, COVENTRY, CV7 7LQ - £275,000

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 LEYS LANE is a very small extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £352,705. It was last sold for £275,000 in January 2020, which was around 3% above the average January 2020 semi-detached price in the Solihull local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

2 LEYS LANE Sold Prices

Land registry data shows two sales for 2 LEYS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Solihull local authority area for the corresponding sale date. One of the two 2 LEYS LANE 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
2020 13 JAN	£275,000	£267,031	3% above HPI
2011 24 JUN	£182,500	£186,469	2% below HPI

2 LEYS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Solihull local authority area over time, sourced from the HPI. The two 2 LEYS LANE sales from June 2011 and January 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 June 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 LEYS LANE be worth now?

2 LEYS LANE might now be worth an estimated £352,705.

This is based on house price inflation of 28.3%, between January 2020 and February 2025, for semi-detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for 2 LEYS LANE of £275,000 on 13th January 2020. For the value to have increased from £275,000 to £352,705 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 LEYS LANE has moved in line with the HPI for semi-detached houses in the Solihull local authority area.
• The January 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEYS LANE has not materially changed since January 2020.

How Large is 2 LEYS LANE?

2 LEYS LANE is 90m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of semi-detached houses houses in Meriden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Meriden, and where 2 LEYS LANE lies on this distribution: 12% of semi-detached houses houses are smaller than 2 LEYS LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Meriden.

2 LEYS LANE: Plot and Title Map

2 LEYS LANE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2 LEYS LANE, 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 LEYS LANE). 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 LEYS LANE?

2 LEYS LANE is located in MERIDEN, in the CV7 postcode district. The below map shows the position of No. 2 on LEYS LANE.