7, MARSDEN CLOSE, RAVENSTONE, COALVILLE, LE67 2JU - £179,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MARSDEN CLOSE is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £179,500 in February 2016, which was around 26% below the average February 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

7 MARSDEN CLOSE Sold Prices

Land registry data shows four sales for 7 MARSDEN 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. All of the four 7 MARSDEN 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
2016 15 FEB	£179,500	£242,223	26% below HPI
2007 7 SEP	£163,000	£230,464	29% below HPI
2006 20 JAN	£156,500	£213,816	27% below HPI
2001 16 NOV	£89,950	£118,739	24% below HPI

7 MARSDEN 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 7 MARSDEN CLOSE sales between November 2001 and February 2016 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 September 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 MARSDEN CLOSE?

7 MARSDEN CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses by size in Coalville, and where 7 MARSDEN CLOSE lies on this distribution: 8% of detached houses are smaller than 7 MARSDEN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Coalville.

7 MARSDEN CLOSE: Plot and Title Map

7 MARSDEN CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 7 MARSDEN 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 7 MARSDEN 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 7 MARSDEN CLOSE?

7 MARSDEN CLOSE is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 7 on MARSDEN CLOSE.