3, OLD SCHOOL CLOSE, ELLISTOWN, COALVILLE, LE67 1FN - £350,000

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 OLD SCHOOL CLOSE is a midsized detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £424,796. It was last sold for £350,000 in April 2021, which was around 7% above the average April 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

3 OLD SCHOOL CLOSE Sold Prices

Land registry data shows four sales for 3 OLD SCHOOL CLOSE 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. Most of the four 3 OLD SCHOOL 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
2021 28 APR	£350,000	£327,424	7% above HPI
2017 14 JUL	£325,000	£275,443	18% above HPI
2014 14 NOV	£220,000	£246,879	11% below HPI
2000 14 APR	£119,500	£98,046	22% above HPI

3 OLD SCHOOL 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 four 3 OLD SCHOOL CLOSE sales between April 2000 and April 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 July 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 OLD SCHOOL CLOSE be worth now?

3 OLD SCHOOL CLOSE might now be worth an estimated £424,796.

This is based on house price inflation of 21.4%, between April 2021 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 21.4% inflationary increase is applied to the most recent sale price for 3 OLD SCHOOL CLOSE of £350,000 on 28th April 2021. For the value to have increased from £350,000 to £424,796 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 3 OLD SCHOOL CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The April 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL CLOSE has not materially changed since April 2021.

How Large is 3 OLD SCHOOL CLOSE?

3 OLD SCHOOL CLOSE is 115m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% 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 3 OLD SCHOOL CLOSE lies on this distribution: 58% of detached houses houses are smaller than 3 OLD SCHOOL CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ellistown.

3 OLD SCHOOL CLOSE: Plot and Title Map

3 OLD SCHOOL CLOSE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 3 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL CLOSE?

3 OLD SCHOOL CLOSE is located in ELLISTOWN, in the LE67 postcode district. The below map shows the position of No. 3 on OLD SCHOOL CLOSE.