2, FRANCIS WAY, ELLISTOWN, COALVILLE, LE67 1FS - £235,000

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 FRANCIS WAY is a large detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £289,500. It was last sold for £235,000 in June 2020, which was around 26% below the average June 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

2 FRANCIS WAY Sold Prices

Land registry data shows six sales for 2 FRANCIS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the six 2 FRANCIS 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
2020 26 JUN	£235,000	£318,891	26% below HPI
2014 19 DEC	£182,000	£244,766	26% below HPI
2010 19 MAR	£174,950	£223,005	22% below HPI
2006 27 SEP	£188,000	£234,408	20% below HPI
2002 26 JUL	£127,995	£144,098	11% below HPI
2000 22 JUN	£99,500	£103,384	4% below HPI

2 FRANCIS 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 six 2 FRANCIS WAY sales between June 2000 and June 2020 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2020 sale, which was also at 26% below the HPI.

What might 2 FRANCIS WAY be worth now?

2 FRANCIS WAY might now be worth an estimated £289,500.

This is based on house price inflation of 23.2%, between June 2020 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 23.2% inflationary increase is applied to the most recent sale price for 2 FRANCIS WAY of £235,000 on 26th June 2020. For the value to have increased from £235,000 to £289,500 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 2 FRANCIS WAY has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FRANCIS WAY has not materially changed since June 2020.

How Large is 2 FRANCIS WAY?

2 FRANCIS WAY is 118m² according to the EPC inspection conducted in May 2020. This puts it in the largest 40% of detached houses houses in Ellistown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ellistown, and where 2 FRANCIS WAY lies on this distribution: 63% of detached houses houses are smaller than 2 FRANCIS WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Ellistown.

2 FRANCIS WAY: Plot and Title Map

2 FRANCIS WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 FRANCIS 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 2 FRANCIS 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 2 FRANCIS WAY?

2 FRANCIS WAY is located in ELLISTOWN, in the LE67 postcode district. The below map shows the position of No. 2 on FRANCIS WAY.