7, WEDGEWOOD CLOSE, COVENTRY, CV2 2XL - £192,000

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 WEDGEWOOD CLOSE is a small extended terraced house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £254,424. It was last sold for £192,000 in August 2017, which was around 25% above the average August 2017 terraced price in the Coventry local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

7 WEDGEWOOD CLOSE Sold Prices

Land registry data shows three sales for 7 WEDGEWOOD CLOSE 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. Two of the three 7 WEDGEWOOD CLOSE sales were for above the average price, whilst one 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
2017 3 AUG	£192,000	£154,037	25% above HPI
2000 30 JUN	£79,995	£48,516	65% above HPI
1998 4 NOV	£22,950	£40,388	43% below HPI

7 WEDGEWOOD 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 three 7 WEDGEWOOD CLOSE sales between November 1998 and August 2017 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 2000 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2017 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 7 WEDGEWOOD CLOSE be worth now?

7 WEDGEWOOD CLOSE might now be worth an estimated £254,424.

This is based on house price inflation of 32.5%, between August 2017 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 32.5% inflationary increase is applied to the most recent sale price for 7 WEDGEWOOD CLOSE of £192,000 on 3rd August 2017. For the value to have increased from £192,000 to £254,424 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 7 WEDGEWOOD CLOSE has moved in line with the HPI for terraced houses in the Coventry local authority area.
• The August 2017 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WEDGEWOOD CLOSE has not materially changed since August 2017.

How Large is 7 WEDGEWOOD CLOSE?

7 WEDGEWOOD CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% 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 WEDGEWOOD CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 7 WEDGEWOOD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Coventry.

7 WEDGEWOOD CLOSE: Plot and Title Map

7 WEDGEWOOD CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 7 WEDGEWOOD 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 7 WEDGEWOOD 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 7 WEDGEWOOD CLOSE?

7 WEDGEWOOD CLOSE is located in COVENTRY, in the CV2 postcode district. The below map shows the position of No. 7 on WEDGEWOOD CLOSE.