1, MARSDEN CLOSE, RAVENSTONE, COALVILLE, LE67 2JU - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MARSDEN CLOSE is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £250,000 in July 2017, which was around 9% below the average July 2017 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

1 MARSDEN CLOSE Sold Prices

Land registry data shows two sales for 1 MARSDEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 1 MARSDEN 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
2017 31 JUL	£250,000	£275,443	9% below HPI
2015 13 APR	£185,000	£248,686	26% below HPI

1 MARSDEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 1 MARSDEN CLOSE sales from April 2015 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 MARSDEN CLOSE be worth now?

1 MARSDEN CLOSE might now be worth an estimated £356,558.

This is based on house price inflation of 42.6%, between July 2017 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.6% inflationary increase is applied to the most recent sale price for 1 MARSDEN CLOSE of £250,000 on 31st July 2017. For the value to have increased from £250,000 to £356,558 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 MARSDEN CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The July 2017 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARSDEN CLOSE has not materially changed since July 2017.

How Large is 1 MARSDEN CLOSE?

1 MARSDEN CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalville, and where 1 MARSDEN CLOSE lies on this distribution: 73% of detached houses houses are smaller than 1 MARSDEN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Coalville.

1 MARSDEN CLOSE: Plot and Title Map

1 MARSDEN CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 1 MARSDEN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MARSDEN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MARSDEN CLOSE?

1 MARSDEN CLOSE is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 1 on MARSDEN CLOSE.