2, COPPICE CLOSE, RAVENSTONE, COALVILLE, LE67 2NS - £275,000

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 COPPICE CLOSE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £275,000 in December 2023, which was around 26% below the average December 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

2 COPPICE CLOSE Sold Prices

Land registry data shows three sales for 2 COPPICE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 2 COPPICE 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
2023 11 DEC	£275,000	£371,178	26% below HPI
2001 31 JUL	£89,950	£120,853	26% below HPI
1999 26 MAR	£65,000	£88,526	27% below HPI

2 COPPICE 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 three 2 COPPICE CLOSE sales between March 1999 and December 2023 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 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2023 sale, which was also at 26% below the HPI.

What might 2 COPPICE CLOSE be worth now?

2 COPPICE CLOSE might now be worth an estimated £291,053.

This is based on house price inflation of 5.8%, between December 2023 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 5.8% inflationary increase is applied to the most recent sale price for 2 COPPICE CLOSE of £275,000 on 11th December 2023. For the value to have increased from £275,000 to £291,053 over the one year to December 2024, the following assumptions must hold true:

• The value of 2 COPPICE CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The December 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COPPICE CLOSE has not materially changed since December 2023.

How Large is 2 COPPICE CLOSE?

2 COPPICE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 2 COPPICE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 COPPICE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Coalville.

2 COPPICE CLOSE: Plot and Title Map

2 COPPICE CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 2 COPPICE 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 COPPICE 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 COPPICE CLOSE?

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