50 Paynes Lane, Coventry, CV1 5LJ is a leasehold flat built between 1996-2002. The property offers approximately 517 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £94,987 , which equates to approximately £184 per square foot. It was last sold on 9 Mar 2007 for £66,500. Since then, the value has increased by £28,487, representing a 42.8% increase, or approximately 2.3% per year.

The current estimated value of £94,987 is:

  • 40.9% lower than the average property price on Paynes Lane
  • 45.9% lower than the average in the CV1 5LJ postcode area
  • and 64.8% lower than the average price for Coventry as a whole

At the most recent EPC inspection on 21 August 2023, the property was recorded as rented.

View sold house prices in CV1 5LJ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£94,987
Price Per sq ft (estimate)
£184
Bedroom Count (estimate)
1 bedroom

EPC Summary

50 Paynes Lane, Coventry, West Midlands, CV1 5LJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Aug 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Apr 2017, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 63.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to poor.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CV1 5LJ

27 th / 30
Price Rank
46% lower than average
19 th / 27
Size Rank
38% smaller than average
15 th / 27
Price Per Sq FT Rank
13% lower than average

Compared to other properties in CV1 5LJ , this flat's estimated value ranks 27th out of 30. Based on price per square foot, it ranks 15th out of 27 properties. In terms of size, this home ranks 19th out of 27 properties in its postcode area.

Sale History

Today
£94,987
streetscan.co.uk estimate
+43 %
9 Mar 2007
£66,500
Leasehold
+33.7 %
28 May 2003
£49,750
Leasehold

Area Insights

Similar Properties Sold Nearby

56 Paynes Lane, Coventry, CV1 5LJ
rooms: 2
size: 506 sq ft
sale price: £100,000
sale date: 1 Dec 2023
60 Paynes Lane, Coventry, CV1 5LJ
rooms: 3
size: 592 sq ft
sale price: £112,500
sale date: 20 Apr 2023
54 Paynes Lane, Coventry, CV1 5LJ
rooms: 3
size: 581 sq ft
sale price: £105,000
sale date: 18 Nov 2022
64 Paynes Lane, Coventry, CV1 5LJ
rooms: 3
size: 592 sq ft
sale price: £120,000
sale date: 18 Aug 2020
62 Paynes Lane, Coventry, CV1 5LJ
rooms: 2
size: 452 sq ft
sale price: £85,000
sale date: 26 Jan 2018

Data Sources

The property at 50 Paynes Lane, Coventry, CV1 5LJ appears two times in the Land Registry records, with the latest transaction recorded on 9 Mar 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Aug 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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