16, DROME CLOSE, COALVILLE, LE67 4QR - £169,950

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

16 DROME CLOSE is a very large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £169,950 in June 2015, which was around 31% below the average June 2015 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

16 DROME CLOSE Sold Prices

Land registry data shows two sales for 16 DROME 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 16 DROME 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
2015 3 JUN	£169,950	£247,859	31% below HPI
1999 30 JUL	£65,000	£94,567	31% below HPI

16 DROME 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 16 DROME CLOSE sales from July 1999 and June 2015 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 July 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2015 sale, which was also at 31% below the HPI.

What might 16 DROME CLOSE be worth now?

16 DROME CLOSE might now be worth an estimated £269,364.

This is based on house price inflation of 58.5%, between June 2015 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 58.5% inflationary increase is applied to the most recent sale price for 16 DROME CLOSE of £169,950 on 3rd June 2015. For the value to have increased from £169,950 to £269,364 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 16 DROME CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2015 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 16 DROME CLOSE has not materially changed since June 2015.

How Large is 16 DROME CLOSE?

16 DROME CLOSE is 140m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 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 16 DROME CLOSE lies on this distribution: 81% of detached houses houses are smaller than 16 DROME CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Coalville.

16 DROME CLOSE: Plot and Title Map

16 DROME CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 16 DROME 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 16 DROME 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 16 DROME CLOSE?

16 DROME CLOSE is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 16 on DROME CLOSE.