2, MARSDEN CLOSE, RAVENSTONE, COALVILLE, LE67 2JU - £310,000

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 MARSDEN CLOSE is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £310,000 in June 2023, which was around 9% below the average June 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

2 MARSDEN CLOSE Sold Prices

Land registry data shows two sales for 2 MARSDEN 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 MARSDEN 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 2 JUN	£310,000	£340,622	9% below HPI
2009 30 JUN	£185,000	£200,013	8% below HPI

2 MARSDEN 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 MARSDEN CLOSE sales from June 2009 and June 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 June 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 MARSDEN CLOSE?

2 MARSDEN CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses by size in Coalville, and where 2 MARSDEN CLOSE lies on this distribution: 39% of detached houses are smaller than 2 MARSDEN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Coalville.

2 MARSDEN CLOSE: Plot and Title Map

2 MARSDEN CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 2 MARSDEN 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 MARSDEN 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 MARSDEN CLOSE?

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