3, PALMER CLOSE, COALVILLE, LE67 4AU - £279,000

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 PALMER CLOSE is a small detached house of 91m², which could now be worth an estimated £304,808. It was last sold for £279,000 in June 2022, which was around 23% below the average June 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

3 PALMER CLOSE Sold Prices

Land registry data shows two sales for 3 PALMER 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 PALMER 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
2022 24 JUN	£279,000	£363,748	23% below HPI
2019 29 MAR	£229,995	£301,095	24% below HPI

3 PALMER 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 PALMER CLOSE sales from March 2019 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 March 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 PALMER CLOSE be worth now?

3 PALMER CLOSE might now be worth an estimated £304,808.

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 PALMER CLOSE of £279,000 on 24th June 2022. For the value to have increased from £279,000 to £304,808 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 3 PALMER 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 £279,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PALMER CLOSE has not materially changed since June 2022.

How Large is 3 PALMER CLOSE?

3 PALMER CLOSE is 91m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% 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 PALMER CLOSE lies on this distribution: 25% of detached houses houses are smaller than 3 PALMER CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Coalville.

3 PALMER CLOSE: Plot and Title Map

3 PALMER CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 3 PALMER 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 PALMER 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 PALMER CLOSE?

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