2, NETHERCOTE, NEWTON BURGOLAND, COALVILLE, LE67 2ST - £385,000

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 NETHERCOTE is a midsized detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £504,438. It was last sold for £385,000 in September 2018, which was around 28% above the average September 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

2 NETHERCOTE Sold Prices

Land registry data shows two sales for 2 NETHERCOTE 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 NETHERCOTE sales were for above 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 28 SEP	£385,000	£299,830	28% above HPI
2011 30 SEP	£286,500	£227,750	26% above HPI

2 NETHERCOTE 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 NETHERCOTE sales from September 2011 and September 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 September 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 NETHERCOTE be worth now?

2 NETHERCOTE might now be worth an estimated £504,438.

This is based on house price inflation of 31%, between September 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 31% inflationary increase is applied to the most recent sale price for 2 NETHERCOTE of £385,000 on 28th September 2018. For the value to have increased from £385,000 to £504,438 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 NETHERCOTE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The September 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NETHERCOTE has not materially changed since September 2018.

How Large is 2 NETHERCOTE?

2 NETHERCOTE is 125m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of detached houses houses in Newton Burgoland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Burgoland, and where 2 NETHERCOTE lies on this distribution: 41% of detached houses houses are smaller than 2 NETHERCOTE, and 59% of houses are larger. Note that EPC data is not available for all properties in Newton Burgoland.

2 NETHERCOTE: Plot and Title Map

2 NETHERCOTE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 2 NETHERCOTE, 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 NETHERCOTE). 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 NETHERCOTE?

2 NETHERCOTE is located in NEWTON BURGOLAND, in the LE67 postcode district. The below map shows the position of No. 2 on NETHERCOTE.