MILLFIELD COTTAGE, COMMON LANE, CORLEY, COVENTRY, CV7 8AQ - £700,000

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.

MILLFIELD COTTAGE is a very large extended detached house of 218m², built sometime between 1991 and 1995, which could now be worth an estimated £711,255. It was last sold for £700,000 in July 2022, which was around 77% above the average July 2022 detached price in the North Warwickshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

MILLFIELD COTTAGE Sold Prices

Land registry data shows two sales for MILLFIELD COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. Both of the two MILLFIELD COTTAGE 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
2022 29 JUL	£700,000	£396,046	77% above HPI
2006 7 NOV	£457,500	£256,937	78% above HPI

MILLFIELD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The two MILLFIELD COTTAGE sales from November 2006 and July 2022 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 2006 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2022 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might MILLFIELD COTTAGE be worth now?

MILLFIELD COTTAGE might now be worth an estimated £711,255.

This is based on house price inflation of 1.6%, between July 2022 and February 2025, for detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for MILLFIELD COTTAGE of £700,000 on 29th July 2022. For the value to have increased from £700,000 to £711,255 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of MILLFIELD COTTAGE has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The July 2022 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of MILLFIELD COTTAGE has not materially changed since July 2022.

How Large is MILLFIELD COTTAGE?

MILLFIELD COTTAGE is 218m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses houses in Corley Moor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corley Moor, and where MILLFIELD COTTAGE lies on this distribution: 83% of detached houses houses are smaller than MILLFIELD COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Corley Moor.

MILLFIELD COTTAGE: Plot and Title Map

MILLFIELD COTTAGE sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of MILLFIELD COTTAGE, 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 MILLFIELD COTTAGE). 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 MILLFIELD COTTAGE?

MILLFIELD COTTAGE is located on COMMON LANE in CORLEY, in the CV7 postcode district. The below map shows the position of MILLFIELD COTTAGE on COMMON LANE.