2, OAK WAY, COVENTRY, CV4 9UH - £162,500

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 OAK WAY is a very small extended terraced house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £249,884. It was last sold for £162,500 in September 2015, which was around 23% above the average September 2015 terraced price in the Coventry local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 OAK WAY Sold Prices

Land registry data shows three sales for 2 OAK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Coventry local authority area for the corresponding sale date. All of the three 2 OAK WAY 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
2015 25 SEP	£162,500	£131,705	23% above HPI
2004 1 NOV	£162,500	£106,493	53% above HPI
1996 20 DEC	£68,950	£36,164	91% above HPI

2 OAK WAY 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 three 2 OAK WAY sales between December 1996 and September 2015 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 2004 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 OAK WAY be worth now?

2 OAK WAY might now be worth an estimated £249,884.

This is based on house price inflation of 53.8%, between September 2015 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 53.8% inflationary increase is applied to the most recent sale price for 2 OAK WAY of £162,500 on 25th September 2015. For the value to have increased from £162,500 to £249,884 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 2 OAK WAY has moved in line with the HPI for terraced houses in the Coventry local authority area.
• The September 2015 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK WAY has not materially changed since September 2015.

How Large is 2 OAK WAY?

2 OAK WAY is 83m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 OAK WAY lies on this distribution: 15% of terraced houses houses are smaller than 2 OAK WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Coventry.

2 OAK WAY: Plot and Title Map

2 OAK WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 2 OAK 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 2 OAK 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 2 OAK WAY?

2 OAK WAY is located in COVENTRY, in the CV4 postcode district. The below map shows the position of No. 2 on OAK WAY.