1, WELLAND CLOSE, COALVILLE, LE67 4BZ - £173,000

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.

1 WELLAND CLOSE is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £253,901. It was last sold for £173,000 in November 2016, which was around 36% below the average November 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

1 WELLAND CLOSE Sold Prices

Land registry data shows four sales for 1 WELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 1 WELLAND 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
2016 18 NOV	£173,000	£270,772	36% below HPI
2012 30 NOV	£122,000	£216,402	44% below HPI
2006 7 APR	£133,000	£219,489	39% below HPI
2004 8 OCT	£130,950	£212,607	38% below HPI

1 WELLAND 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 four 1 WELLAND CLOSE sales between October 2004 and November 2016 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 November 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 WELLAND CLOSE be worth now?

1 WELLAND CLOSE might now be worth an estimated £253,901.

This is based on house price inflation of 46.8%, between November 2016 and February 2025, 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 46.8% inflationary increase is applied to the most recent sale price for 1 WELLAND CLOSE of £173,000 on 18th November 2016. For the value to have increased from £173,000 to £253,901 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 WELLAND CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The November 2016 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELLAND CLOSE has not materially changed since November 2016.

How Large is 1 WELLAND CLOSE?

1 WELLAND CLOSE is 68m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% 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 WELLAND CLOSE lies on this distribution: 3% of detached houses houses are smaller than 1 WELLAND CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Coalville.

1 WELLAND CLOSE: Plot and Title Map

1 WELLAND CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 1 WELLAND 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 WELLAND 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 WELLAND CLOSE?

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