3, MEADOW CLOSE, NEWTON BURGOLAND, COALVILLE, LE67 2DX - £520,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MEADOW CLOSE is a large extended detached house of 147m², built sometime from 2012 onwards, which could now be worth an estimated £568,100. It was last sold for £520,000 in June 2022, which was around 43% above the average June 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was B.

3 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 3 MEADOW 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 MEADOW 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
2022 15 JUN	£520,000	£363,748	43% above HPI
2016 19 APR	£470,000	£265,867	77% above HPI

3 MEADOW 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 MEADOW CLOSE sales from April 2016 and June 2022 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 2016 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2022 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 3 MEADOW CLOSE be worth now?

3 MEADOW CLOSE might now be worth an estimated £568,100.

This is based on house price inflation of 9.3%, between June 2022 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 9.3% inflationary increase is applied to the most recent sale price for 3 MEADOW CLOSE of £520,000 on 15th June 2022. For the value to have increased from £520,000 to £568,100 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MEADOW CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2022 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW CLOSE has not materially changed since June 2022.

How Large is 3 MEADOW CLOSE?

3 MEADOW CLOSE is 147m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses houses in Newton Burgoland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Burgoland, and where 3 MEADOW CLOSE lies on this distribution: 65% of detached houses houses are smaller than 3 MEADOW CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Newton Burgoland.

3 MEADOW CLOSE: Plot and Title Map

3 MEADOW CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 3 MEADOW 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 MEADOW 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 MEADOW CLOSE?

3 MEADOW CLOSE is located in NEWTON BURGOLAND, in the LE67 postcode district. The below map shows the position of No. 3 on MEADOW CLOSE.