24, CHANNING WAY, ELLISTOWN, COALVILLE, LE67 1HA - £230,000

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

24 CHANNING WAY is a very small detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £270,059. It was last sold for £230,000 in July 2021, which was around 31% below the average July 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

24 CHANNING WAY Sold Prices

Land registry data shows four sales for 24 CHANNING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 24 CHANNING WAY 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
2021 2 JUL	£230,000	£334,573	31% below HPI
2016 17 JUN	£149,950	£264,331	43% below HPI
1999 5 NOV	£57,750	£96,899	40% below HPI
1996 31 JAN	£49,875	£73,747	32% below HPI

24 CHANNING 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 four 24 CHANNING WAY sales between January 1996 and July 2021 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 24 CHANNING WAY be worth now?

24 CHANNING WAY might now be worth an estimated £270,059.

This is based on house price inflation of 17.4%, between July 2021 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 17.4% inflationary increase is applied to the most recent sale price for 24 CHANNING WAY of £230,000 on 2nd July 2021. For the value to have increased from £230,000 to £270,059 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 24 CHANNING WAY has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The July 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHANNING WAY has not materially changed since July 2021.

How Large is 24 CHANNING WAY?

24 CHANNING WAY is 58m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses houses in Ellistown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ellistown, and where 24 CHANNING WAY lies on this distribution: 1% of detached houses houses are smaller than 24 CHANNING WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Ellistown.

24 CHANNING WAY: Plot and Title Map

24 CHANNING WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 24 CHANNING 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 24 CHANNING 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 24 CHANNING WAY?

24 CHANNING WAY is located in ELLISTOWN, in the LE67 postcode district. The below map shows the position of No. 24 on CHANNING WAY.