12, THE OVAL, COALVILLE, LE67 4EA - £249,000

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

12 THE OVAL is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £249,000 in February 2024, which was around 32% below the average February 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

12 THE OVAL Sold Prices

Land registry data shows four sales for 12 THE OVAL 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 12 THE OVAL 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
2024 16 FEB	£249,000	£365,141	32% below HPI
2012 4 DEC	£140,000	£216,544	35% below HPI
2002 1 MAR	£95,995	£132,741	28% below HPI
1999 8 JAN	£73,950	£92,593	20% below HPI

12 THE OVAL 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 12 THE OVAL sales between January 1999 and February 2024 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 December 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 THE OVAL be worth now?

12 THE OVAL might now be worth an estimated £267,893.

This is based on house price inflation of 7.6%, between February 2024 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 7.6% inflationary increase is applied to the most recent sale price for 12 THE OVAL of £249,000 on 16th February 2024. For the value to have increased from £249,000 to £267,893 over the two months to December 2024, the following assumptions must hold true:

• The value of 12 THE OVAL has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2024 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE OVAL has not materially changed since February 2024.

How Large is 12 THE OVAL?

12 THE OVAL is 86m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% 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 12 THE OVAL lies on this distribution: 19% of detached houses houses are smaller than 12 THE OVAL, and 80% of houses are larger. Note that EPC data is not available for all properties in Coalville.

12 THE OVAL: Plot and Title Map

12 THE OVAL sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 12 THE OVAL, 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 12 THE OVAL). 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 12 THE OVAL?

12 THE OVAL is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 12 on THE OVAL.