7, WORTHINGTON LANE, NEWBOLD COLEORTON, COALVILLE, LE67 8PJ - £460,000

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

7 WORTHINGTON LANE is a midsized extended detached house of 171m², built sometime between 1967 and 1975. It was last sold for £460,000 in August 2018, which was around 64% above the average August 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

7 WORTHINGTON LANE Sold Prices

Land registry data shows two sales for 7 WORTHINGTON LANE 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 7 WORTHINGTON LANE 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
2018 10 AUG	£460,000	£281,258	64% above HPI
1998 10 NOV	£150,000	£87,510	71% above HPI

7 WORTHINGTON LANE 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 7 WORTHINGTON LANE sales from November 1998 and August 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 November 1998 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the August 2018 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 7 WORTHINGTON LANE?

7 WORTHINGTON LANE is 171m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold, and where 7 WORTHINGTON LANE lies on this distribution: 53% of detached houses are smaller than 7 WORTHINGTON LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Newbold.

7 WORTHINGTON LANE: Plot and Title Map

7 WORTHINGTON LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 7 WORTHINGTON LANE, 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 WORTHINGTON LANE). 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 WORTHINGTON LANE?

7 WORTHINGTON LANE is located in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of No. 7 on WORTHINGTON LANE.