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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WELLAND CLOSE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £173,000 in November 2016, which was around 32% 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	£255,340	32% below HPI
2012 30 NOV	£122,000	£204,068	40% below HPI
2006 7 APR	£133,000	£206,980	36% below HPI
2004 8 OCT	£130,950	£200,490	35% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Coalville, based on EPC data. The below chart shows the distribution of detached houses by size in Coalville, and where 1 WELLAND CLOSE lies on this distribution: 3% of detached 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.