3, FARM CLOSE, RAVENSTONE, COALVILLE, LE67 2HH - £384,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 FARM CLOSE is a midsized detached house of 128m². It was last sold for £384,000 in January 2019, which was around 35% above the average January 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

3 FARM CLOSE Sold Prices

Land registry data shows two sales for 3 FARM 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 3 FARM CLOSE 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
2019 10 JAN	£384,000	£284,997	35% above HPI
2017 30 JUN	£540,000	£259,104	108% above HPI

3 FARM 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 3 FARM CLOSE sales from June 2017 and January 2019 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 2017 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the January 2019 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 3 FARM CLOSE?

3 FARM CLOSE is 128m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 50% of detached houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenstone, and where 3 FARM CLOSE lies on this distribution: 46% of detached houses are smaller than 3 FARM CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

3 FARM CLOSE: Plot and Title Map

3 FARM CLOSE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 3 FARM 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 FARM 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 FARM CLOSE?

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