Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 MERGANSER WAY is a large extended detached house of 135m², built sometime between 1996 and 2002. It was last sold for £187,000 in January 2014, which was around 15% below the average January 2014 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 MERGANSER WAY since 1st 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. One of the two 3 MERGANSER WAY sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2014 20 JAN | £187,000 | £218,736 | 15% below HPI |
1998 29 JUL | £89,750 | £85,120 | 5% above HPI |
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 MERGANSER WAY sales from July 1998 and January 2014 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 July 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
3 MERGANSER WAY is 135m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses by size in Coalville, and where 3 MERGANSER WAY lies on this distribution: 77% of detached houses are smaller than 3 MERGANSER WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Coalville.
3 MERGANSER WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 MERGANSER 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 3 MERGANSER 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.
3 MERGANSER WAY is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 3 on MERGANSER WAY.