2, GORSE ROAD, HUGGLESCOTE, COALVILLE, LE67 2GQ - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GORSE ROAD is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2020, which was around 20% below the average June 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 GORSE ROAD Sold Prices

Land registry data shows four sales for 2 GORSE ROAD 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. All of the four 2 GORSE ROAD 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 25 JUN	£240,000	£300,717	20% below HPI
2006 7 AUG	£186,500	£221,180	16% below HPI
2005 18 MAR	£180,000	£203,317	11% below HPI
2004 24 APR	£172,500	£182,915	6% below HPI

2 GORSE 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 four 2 GORSE ROAD sales between April 2004 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 August 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 GORSE ROAD?

2 GORSE ROAD is 113m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% of detached houses in Hugglescote, based on EPC data. The below chart shows the distribution of detached houses by size in Hugglescote, and where 2 GORSE ROAD lies on this distribution: 42% of detached houses are smaller than 2 GORSE ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Hugglescote.

2 GORSE ROAD: Plot and Title Map

2 GORSE ROAD sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 2 GORSE 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 2 GORSE 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 2 GORSE ROAD?

2 GORSE ROAD is located in HUGGLESCOTE, in the LE67 postcode district. The below map shows the position of No. 2 on GORSE ROAD.