2, VICARAGE CLOSE, NEWBOLD COLEORTON, COALVILLE, LE67 8PG - £168,500

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 VICARAGE CLOSE is a very small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £289,313. It was last sold for £168,500 in December 2013, which was around 26% below the average December 2013 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

2 VICARAGE CLOSE Sold Prices

Land registry data shows two sales for 2 VICARAGE 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 VICARAGE 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
2013 9 DEC	£168,500	£228,799	26% below HPI
2005 17 OCT	£125,000	£219,861	43% below HPI

2 VICARAGE 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 VICARAGE CLOSE sales from October 2005 and December 2013 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 October 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2013 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 VICARAGE CLOSE be worth now?

2 VICARAGE CLOSE might now be worth an estimated £289,313.

This is based on house price inflation of 71.7%, between December 2013 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 71.7% inflationary increase is applied to the most recent sale price for 2 VICARAGE CLOSE of £168,500 on 9th December 2013. For the value to have increased from £168,500 to £289,313 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 2 VICARAGE CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The December 2013 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 2 VICARAGE CLOSE has not materially changed since December 2013.

How Large is 2 VICARAGE CLOSE?

2 VICARAGE CLOSE is 62m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbold, and where 2 VICARAGE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 VICARAGE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Newbold.

2 VICARAGE CLOSE: Plot and Title Map

2 VICARAGE CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 VICARAGE 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 VICARAGE 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 VICARAGE CLOSE?

2 VICARAGE CLOSE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 2 on VICARAGE CLOSE.