40, SURREY DRIVE, COVENTRY, CV3 1PL - £250,000

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.

40 SURREY DRIVE is a midsized terraced house of 116m², built in 2008, which could now be worth an estimated £309,794. It was last sold for £250,000 in February 2020, which was around 52% above the average February 2020 terraced price in the Coventry local authority area. The most recent EPC inspection was September 2010, where the current energy rating was B, and the potential energy rating was B.

40 SURREY DRIVE Sold Prices

Land registry data shows two sales for 40 SURREY DRIVE 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 40 SURREY DRIVE 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
2020 27 FEB	£250,000	£164,721	52% above HPI
2012 30 NOV	£196,995	£110,682	78% above HPI

40 SURREY DRIVE 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 40 SURREY DRIVE sales from November 2012 and February 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 November 2012 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the February 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 40 SURREY DRIVE be worth now?

40 SURREY DRIVE might now be worth an estimated £309,794.

This is based on house price inflation of 23.9%, between February 2020 and May 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 23.9% inflationary increase is applied to the most recent sale price for 40 SURREY DRIVE of £250,000 on 27th February 2020. For the value to have increased from £250,000 to £309,794 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 40 SURREY DRIVE has moved in line with the HPI for terraced houses in the Coventry local authority area.
• The February 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SURREY DRIVE has not materially changed since February 2020.

How Large is 40 SURREY DRIVE?

40 SURREY DRIVE is 116m² according to the EPC inspection conducted in September 2010. This puts it in the largest 50% 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 40 SURREY DRIVE lies on this distribution: 56% of terraced houses houses are smaller than 40 SURREY DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Coventry.

40 SURREY DRIVE: Plot and Title Map

40 SURREY DRIVE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 40 SURREY DRIVE, 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 40 SURREY DRIVE). 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 40 SURREY DRIVE?

40 SURREY DRIVE is located in COVENTRY, in the CV3 postcode district. The below map shows the position of No. 40 on SURREY DRIVE.