38, THE LIMES, RAVENSTONE, COALVILLE, LE67 2NW - £218,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 THE LIMES is a small detached house of 102m², built sometime between 1983 and 1990. It was last sold for £218,000 in June 2018, which was around 27% below the average June 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

38 THE LIMES Sold Prices

Land registry data shows three sales for 38 THE LIMES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 38 THE LIMES 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
2018 8 JUN	£218,000	£296,667	27% below HPI
2018 24 MAY	£220,000	£292,023	25% below HPI
1997 19 MAY	£65,750	£84,610	22% below HPI

38 THE LIMES 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 three 38 THE LIMES sales between May 1997 and June 2018 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 May 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 38 THE LIMES be worth now?

38 THE LIMES might now be worth an estimated £288,675.

This is based on house price inflation of 32.4%, between June 2018 and December 2024, 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 32.4% inflationary increase is applied to the most recent sale price for 38 THE LIMES of £218,000 on 8th June 2018. For the value to have increased from £218,000 to £288,675 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 38 THE LIMES has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2018 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THE LIMES has not materially changed since June 2018.

How Large is 38 THE LIMES?

38 THE LIMES is 102m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% 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 38 THE LIMES lies on this distribution: 39% of detached houses houses are smaller than 38 THE LIMES, and 60% of houses are larger. Note that EPC data is not available for all properties in Coalville.

38 THE LIMES: Plot and Title Map

38 THE LIMES sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 38 THE LIMES, 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 38 THE LIMES). 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 38 THE LIMES?

38 THE LIMES is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 38 on THE LIMES.