2, ASPEN CLOSE, RAVENSTONE, COALVILLE, LE67 2JS - £170,000

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

2 ASPEN CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £170,000 in September 2017, which was around 39% below the average September 2017 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 ASPEN CLOSE Sold Prices

Land registry data shows two sales for 2 ASPEN 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 2 ASPEN 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
2017 19 SEP	£170,000	£277,851	39% below HPI
1999 3 DEC	£73,000	£99,579	27% below HPI

2 ASPEN 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 2 ASPEN CLOSE sales from December 1999 and September 2017 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 ASPEN CLOSE be worth now?

2 ASPEN CLOSE might now be worth an estimated £240,358.

This is based on house price inflation of 41.4%, between September 2017 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 41.4% inflationary increase is applied to the most recent sale price for 2 ASPEN CLOSE of £170,000 on 19th September 2017. For the value to have increased from £170,000 to £240,358 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 ASPEN CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The September 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASPEN CLOSE has not materially changed since September 2017.

How Large is 2 ASPEN CLOSE?

2 ASPEN CLOSE is 72m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 2 ASPEN CLOSE lies on this distribution: 5% of detached houses houses are smaller than 2 ASPEN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Coalville.

2 ASPEN CLOSE: Plot and Title Map

2 ASPEN CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 ASPEN 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 2 ASPEN 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 2 ASPEN CLOSE?

2 ASPEN CLOSE is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 2 on ASPEN CLOSE.