17, NEW ROAD, COLEORTON, COALVILLE, LE67 8HL - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 NEW ROAD is a very small detached house of 100m², built sometime from 2007 onwards, which could now be worth an estimated £452,196. It was last sold for £360,000 in October 2019, which was around 15% above the average October 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

17 NEW ROAD Sold Prices

Land registry data shows two sales for 17 NEW ROAD 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 17 NEW ROAD 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
2019 23 OCT	£360,000	£313,056	15% above HPI
2015 27 NOV	£299,950	£255,531	17% above HPI

17 NEW ROAD 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 17 NEW ROAD sales from November 2015 and October 2019 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 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 17 NEW ROAD be worth now?

17 NEW ROAD might now be worth an estimated £452,196.

This is based on house price inflation of 25.6%, between October 2019 and March 2025, 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 25.6% inflationary increase is applied to the most recent sale price for 17 NEW ROAD of £360,000 on 23rd October 2019. For the value to have increased from £360,000 to £452,196 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of 17 NEW ROAD has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The October 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 17 NEW ROAD has not materially changed since October 2019.

How Large is 17 NEW ROAD?

17 NEW ROAD is 100m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses houses in Coleorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleorton, and where 17 NEW ROAD lies on this distribution: 10% of detached houses houses are smaller than 17 NEW ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Coleorton.

17 NEW ROAD: Plot and Title Map

17 NEW ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 17 NEW ROAD, 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 17 NEW ROAD). 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 17 NEW ROAD?

17 NEW ROAD is located in COLEORTON, in the LE67 postcode district. The below map shows the position of No. 17 on NEW ROAD.