3, DROME CLOSE, COALVILLE, LE67 4QR - £95,000

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

3 DROME CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £95,000 in May 2002, which was around 30% below the average May 2002 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

3 DROME CLOSE Sold Prices

Land registry data shows three sales for 3 DROME CLOSE 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 3 DROME 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
2002 3 MAY	£95,000	£135,770	30% below HPI
2001 20 APR	£83,500	£116,471	28% below HPI
2000 18 FEB	£66,500	£100,509	34% below HPI

3 DROME 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 three 3 DROME CLOSE sales between February 2000 and May 2002 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 April 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2002 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 DROME CLOSE be worth now?

3 DROME CLOSE might now be worth an estimated £274,879.

This is based on house price inflation of 189.3%, between May 2002 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 189.3% inflationary increase is applied to the most recent sale price for 3 DROME CLOSE of £95,000 on 3rd May 2002. For the value to have increased from £95,000 to £274,879 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 3 DROME CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The May 2002 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DROME CLOSE has not materially changed since May 2002.

How Large is 3 DROME CLOSE?

3 DROME CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% 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 3 DROME CLOSE lies on this distribution: 36% of detached houses houses are smaller than 3 DROME CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Coalville.

3 DROME CLOSE: Plot and Title Map

3 DROME CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 3 DROME 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 3 DROME 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 3 DROME CLOSE?

3 DROME CLOSE is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 3 on DROME CLOSE.