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Watermill Lane, CV5 - Property Prices You Should Know
Get an overview of the property data shaping Watermill Lane in the CV5 district in Coventry today.
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Associated Postcodes:
CV5 9PZ
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House Prices > Coventry > CV5 > Watermill Lane
Price Trends Along the Road
The Pricing Breakdown for Watermill Lane
- Since 2021, Watermill Lane has seen 7 properties sold, with an average price of £406,500. These homes generally span 1,206 square feet, giving £364 per square foot.
- The range of home prices on Watermill Lane has extended from £350,000 to £518,000, with the cost per square foot shifting between £341 and £397.
- Property sales data indicates the last sale on Watermill Lane was in March 2025.
Street Homes vs Area Markets
Property Trends: Watermill Lane vs Surrounding Areas
By Locality
Allesley
Buying in Allesley means homes typically cost 29% less than on Watermill Lane. (£290,200 vs £406,500) Thus, Allesley looks to deliver a comparable home at a saving of about £116,300 against Watermill Lane.
By Sector
CV5 9
The CV5 9 sector lets you save smart, costing 39% less than Watermill Lane. (£248,700 vs £406,500) As such, purchasing on Watermill Lane rather than elsewhere in the sector may require an additional spend of £157,800.
By District
i.e. CV5
Watermill Lane may be nice, but your wallet will thank you for choosing the CV5 district - it's 43% cheaper. (£232,900 vs £406,500). That means you could save £173,600 by choosing the CV5 district instead of Watermill Lane.
By City or Town
i.e. Coventry
Coventry properties let your budget breathe - Watermill Lane adds a 48% squeeze. (£406,500 vs £211,000). With this cost variation, purchasing a property elsewhere in Coventry could mean avoiding an additional £195,800 in expenses compared to Watermill Lane.
What Makes This Street Unique
What Else Can We Learn About Watermill Lane?
- No second-hand sales have been recorded on Watermill Lane; all transactions are for new builds.
- Based on energy data, the average home on Watermill Lane holds an EPC rating of 85 (B), which could improve to 94 (A).
- A typical property on Watermill Lane provides 1,206 square feet of living space, standing at 27% more than what’s typical in Coventry.
- This street outpaces the rest of CV5 in turnover speed, averaging a sale every 12 months compared to the area norm of 5.71 months.
Local Market Must-Knows
Explore the Property Story in Coventry
From steep price hikes to suddenly popular postcodes, these easy reads bring you the sharper side of the local housing story. Not technical, just terrifically useful.
As a final stop, the House Prices in Coventry section on our site covers the data in full, right down to individual property types and yearly trends.
Local Highlights on Display
A Closer Look at CV5
Thinking about CV5 as more than just a postcode? The breakdown below brings it into sharper focus.
402
No. of Roads
6,057
No. of Transactions
£300K
Avg. Property Price
954
per sq/ft
Avg. Property Size
£257
per sq/ft
Avg. Cost Per Sq/Ft
Local Roads to Wander
Additional Streets to Wander
Popular Roads in CV5
CV5 Roads with Similar Prices
Roads Near Watermill Lane
