2, BROAD LANE, COVENTRY, CV5 7AB - £350,000

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.

2 BROAD LANE is a very large extended detached house of 226m², built sometime between 1930 and 1949, which could now be worth an estimated £593,364. It was last sold for £350,000 in January 2008, which was around 49% above the average January 2008 detached price in the Coventry local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 BROAD LANE Sold Prices

Land registry data shows one sale for 2 BROAD LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Coventry local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 31 JAN	£350,000	£235,619	49% above HPI

What might 2 BROAD LANE be worth now?

2 BROAD LANE might now be worth an estimated £593,364.

This is based on house price inflation of 69.5%, between January 2008 and May 2026, for detached 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 69.5% inflationary increase is applied to the most recent sale price for 2 BROAD LANE of £350,000 on 31st January 2008. For the value to have increased from £350,000 to £593,364 over the seventeen years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 BROAD LANE has moved in line with the HPI for detached houses in the Coventry local authority area.
• The January 2008 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROAD LANE has not materially changed since January 2008.

How Large is 2 BROAD LANE?

2 BROAD LANE is 226m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Coventry, based on EPC data. The below chart shows the distribution of detached houses by size in Coventry, and where 2 BROAD LANE lies on this distribution: 96% of detached houses are smaller than 2 BROAD LANE, and 4% of detached houses are larger. Note that EPC data is not available for all properties in Coventry.

2 BROAD LANE: Plot

2 BROAD LANE sits on a plot of roughly 0.253 of an acre, or 1,022m².

Where is 2 BROAD LANE?

2 BROAD LANE is located in COVENTRY, in the CV5 postcode district.