2, MERGANSER WAY, COALVILLE, LE67 4QA - £250,000

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 MERGANSER WAY is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £250,000 in July 2018, which was around 16% below the average July 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

2 MERGANSER WAY Sold Prices

Land registry data shows three sales for 2 MERGANSER WAY 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. The three 2 MERGANSER WAY sales were a mix of below the average price, and roughly equal to 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
2018 27 JUL	£250,000	£296,151	16% below HPI
2003 28 FEB	£145,000	£161,604	10% below HPI
1998 28 AUG	£89,950	£90,051	Close to HPI

2 MERGANSER 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 three 2 MERGANSER WAY sales between August 1998 and July 2018 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 February 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 MERGANSER WAY be worth now?

2 MERGANSER WAY might now be worth an estimated £331,626.

This is based on house price inflation of 32.7%, between July 2018 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 32.7% inflationary increase is applied to the most recent sale price for 2 MERGANSER WAY of £250,000 on 27th July 2018. For the value to have increased from £250,000 to £331,626 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 MERGANSER WAY has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The July 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MERGANSER WAY has not materially changed since July 2018.

How Large is 2 MERGANSER WAY?

2 MERGANSER WAY is 113m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% 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 MERGANSER WAY lies on this distribution: 51% of detached houses houses are smaller than 2 MERGANSER WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Coalville.

2 MERGANSER WAY: Plot and Title Map

2 MERGANSER WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 MERGANSER 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 MERGANSER 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 MERGANSER WAY?

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