11, HEATHER LANE, RAVENSTONE, COALVILLE, LE67 2AH - £315,000

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

11 HEATHER LANE is a large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £315,000 in July 2016, which was around 28% above the average July 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

11 HEATHER LANE Sold Prices

Land registry data shows three sales for 11 HEATHER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 11 HEATHER LANE sales were for above 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 11 JUL	£315,000	£246,139	28% above HPI
2006 25 AUG	£315,000	£221,180	42% above HPI
2002 28 MAR	£224,950	£125,176	80% above HPI

11 HEATHER LANE 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 three 11 HEATHER LANE sales between March 2002 and July 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 August 2006 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2016 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 11 HEATHER LANE?

11 HEATHER LANE is 151m² according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenstone, and where 11 HEATHER LANE lies on this distribution: 64% of detached houses are smaller than 11 HEATHER LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

11 HEATHER LANE: Plot and Title Map

11 HEATHER LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 11 HEATHER LANE, 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 11 HEATHER LANE). 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 11 HEATHER LANE?

11 HEATHER LANE is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 11 on HEATHER LANE.