7, THE HIRON, COVENTRY, CV3 6HS - £325,000

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.

7 THE HIRON is a small extended terraced house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £408,023. It was last sold for £325,000 in February 2019, which was around 100% above the average February 2019 terraced price in the Coventry local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

7 THE HIRON Sold Prices

Land registry data shows two sales for 7 THE HIRON 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 7 THE HIRON 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
2019 28 FEB	£325,000	£162,585	100% above HPI
2008 20 JUN	£210,000	£121,435	73% above HPI

7 THE HIRON 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 7 THE HIRON sales from June 2008 and February 2019 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 2008 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the February 2019 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 7 THE HIRON be worth now?

7 THE HIRON might now be worth an estimated £408,023.

This is based on house price inflation of 25.5%, between February 2019 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 25.5% inflationary increase is applied to the most recent sale price for 7 THE HIRON of £325,000 on 28th February 2019. For the value to have increased from £325,000 to £408,023 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 7 THE HIRON has moved in line with the HPI for terraced houses in the Coventry local authority area.
• The February 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE HIRON has not materially changed since February 2019.

How Large is 7 THE HIRON?

7 THE HIRON is 103m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% 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 7 THE HIRON lies on this distribution: 39% of terraced houses houses are smaller than 7 THE HIRON, and 60% of houses are larger. Note that EPC data is not available for all properties in Coventry.

7 THE HIRON: Plot and Title Map

7 THE HIRON sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 7 THE HIRON, 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 7 THE HIRON). 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 7 THE HIRON?

7 THE HIRON is located in COVENTRY, in the CV3 postcode district. The below map shows the position of No. 7 on THE HIRON.