2, NEWSTEAD WAY, BINLEY, COVENTRY, CV3 2UT - £127,500

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 NEWSTEAD WAY is a detached house, which could now be worth an estimated £669,330. It was last sold for £127,500 in February 1997, which was around 68% above the average February 1997 detached price in the Coventry local authority area.

2 NEWSTEAD WAY Sold Prices

Land registry data shows one sale for 2 NEWSTEAD WAY 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
1997 28 FEB	£127,500	£76,091	68% above HPI

What might 2 NEWSTEAD WAY be worth now?

2 NEWSTEAD WAY might now be worth an estimated £669,330.

This is based on house price inflation of 425%, between February 1997 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 425% inflationary increase is applied to the most recent sale price for 2 NEWSTEAD WAY of £127,500 on 28th February 1997. For the value to have increased from £127,500 to £669,330 over the 28 years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 NEWSTEAD WAY has moved in line with the HPI for detached houses in the Coventry local authority area.
• The February 1997 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWSTEAD WAY has not materially changed since February 1997.

Where is 2 NEWSTEAD WAY?

2 NEWSTEAD WAY is located in BINLEY, in the CV3 postcode district.