16, HEATHER LANE, RAVENSTONE, COALVILLE, LE67 2AH - £260,000

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

16 HEATHER LANE is a midsized extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £260,000 in May 2013, which was around 26% above the average May 2013 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

16 HEATHER LANE Sold Prices

Land registry data shows two sales for 16 HEATHER LANE 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. One of the two 16 HEATHER LANE sales was for above the average price, whilst the other was 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
2013 24 MAY	£260,000	£206,004	26% above HPI
1997 29 OCT	£58,950	£80,589	27% below HPI

16 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 two 16 HEATHER LANE sales from October 1997 and May 2013 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 October 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2013 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 16 HEATHER LANE?

16 HEATHER LANE is 143m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenstone, and where 16 HEATHER LANE lies on this distribution: 59% of detached houses are smaller than 16 HEATHER LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

16 HEATHER LANE: Plot and Title Map

16 HEATHER LANE sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of 16 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 16 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 16 HEATHER LANE?

16 HEATHER LANE is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 16 on HEATHER LANE.