17, WILLARS WAY, RAVENSTONE, COALVILLE, LE67 2DQ - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 WILLARS WAY is a very small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £325,000 in September 2022, which was around 9% below the average September 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

17 WILLARS WAY Sold Prices

Land registry data shows four sales for 17 WILLARS WAY 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. Most of the four 17 WILLARS WAY 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
2022 23 SEP	£325,000	£357,375	9% below HPI
2006 3 AUG	£177,000	£221,180	20% below HPI
2002 16 AUG	£130,000	£140,479	7% below HPI
1995 28 JUL	£76,500	£72,523	5% above HPI

17 WILLARS WAY 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 17 WILLARS WAY sales between July 1995 and September 2022 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 17 WILLARS WAY?

17 WILLARS WAY is 91m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenstone, and where 17 WILLARS WAY lies on this distribution: 12% of detached houses are smaller than 17 WILLARS WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

17 WILLARS WAY: Plot and Title Map

17 WILLARS WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 17 WILLARS WAY, 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 WILLARS WAY). 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 WILLARS WAY?

17 WILLARS WAY is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 17 on WILLARS WAY.