2, THE LEASCROFT, RAVENSTONE, COALVILLE, LE67 2BL - £410,000

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 THE LEASCROFT is a very large detached house of 173m², built sometime between 2003 and 2006, which could now be worth an estimated £440,882. It was last sold for £410,000 in November 2023, which was around 11% above the average November 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE LEASCROFT Sold Prices

Land registry data shows three sales for 2 THE LEASCROFT 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. All of the three 2 THE LEASCROFT 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
2023 10 NOV	£410,000	£369,559	11% above HPI
2010 16 AUG	£331,000	£232,284	42% above HPI
2005 25 FEB	£325,950	£218,102	49% above HPI

2 THE LEASCROFT 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 THE LEASCROFT sales between February 2005 and November 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 August 2010 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 THE LEASCROFT be worth now?

2 THE LEASCROFT might now be worth an estimated £440,882.

This is based on house price inflation of 7.5%, between November 2023 and February 2025, 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 7.5% inflationary increase is applied to the most recent sale price for 2 THE LEASCROFT of £410,000 on 10th November 2023. For the value to have increased from £410,000 to £440,882 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 THE LEASCROFT has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The November 2023 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LEASCROFT has not materially changed since November 2023.

How Large is 2 THE LEASCROFT?

2 THE LEASCROFT is 173m² according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ravenstone, and where 2 THE LEASCROFT lies on this distribution: 82% of detached houses houses are smaller than 2 THE LEASCROFT, and 18% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

2 THE LEASCROFT: Plot and Title Map

2 THE LEASCROFT sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 2 THE LEASCROFT, 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 THE LEASCROFT). 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 THE LEASCROFT?

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