8, MARTLEY CLOSE, COVENTRY, CV3 2TP - £110,000

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.

8 MARTLEY CLOSE is a very small extended flat of 41m², built sometime between 2007 and 2011, which could now be worth an estimated £107,003. It was last sold for £110,000 in April 2022, which was around 14% below the average April 2022 flat price in the Coventry local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

8 MARTLEY CLOSE Sold Prices

Land registry data shows two sales for 8 MARTLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Coventry local authority area for the corresponding sale date. Both of the two 8 MARTLEY CLOSE sales were 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
2022 8 APR	£110,000	£128,076	14% below HPI
2008 28 NOV	£75,000	£84,717	11% below HPI

What might 8 MARTLEY CLOSE be worth now?

8 MARTLEY CLOSE might now be worth an estimated £107,003.

This is based on house price deflation of 2.7%, between April 2022 and April 2026, for flats, in the Coventry local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% deflationary decrease is applied to the most recent sale price for 8 MARTLEY CLOSE of £110,000 on 8th April 2022. For the value to have decreased from £110,000 to £107,003 over the four years to April 2026, the following assumptions must hold true:

• The value of 8 MARTLEY CLOSE has moved in line with the HPI for flats in the Coventry local authority area.
• The April 2022 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARTLEY CLOSE has not materially changed since April 2022.

How Large is 8 MARTLEY CLOSE?

8 MARTLEY CLOSE is 41m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of flats in Coventry, based on EPC data. 6% of flats are smaller than 8 MARTLEY CLOSE, and 93% of flats are larger. Note that EPC data is not available for all properties in Coventry.

8 MARTLEY CLOSE: Plot

8 MARTLEY CLOSE sits on a plot of roughly 0.770 of an acre, or 3,118m².

Where is 8 MARTLEY CLOSE?

8 MARTLEY CLOSE is located in COVENTRY, in the CV3 postcode district.