8, CRESWELL DRIVE, RAVENSTONE, COALVILLE, LE67 2AG - £480,000

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

8 CRESWELL DRIVE is a very large extended detached house of 322m², built sometime between 1950 and 1966. It was last sold for £480,000 in June 2016, which was around 93% above the average June 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

8 CRESWELL DRIVE Sold Prices

Land registry data shows three sales for 8 CRESWELL DRIVE 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 8 CRESWELL DRIVE 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
2016 2 JUN	£480,000	£249,266	93% above HPI
2007 28 NOV	£415,000	£228,470	82% above HPI
2001 9 NOV	£210,000	£118,739	77% above HPI

8 CRESWELL DRIVE 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 8 CRESWELL DRIVE sales between November 2001 and June 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 November 2007 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the June 2016 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 8 CRESWELL DRIVE?

8 CRESWELL DRIVE is 322m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenstone, and where 8 CRESWELL DRIVE lies on this distribution: More than 99% of detached houses are smaller than 8 CRESWELL DRIVE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

8 CRESWELL DRIVE: Plot and Title Map

8 CRESWELL DRIVE sits on a plot of roughly 0.401 of an acre, or 1,624m². The below map shows the location of 8 CRESWELL DRIVE, 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 8 CRESWELL DRIVE). 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 8 CRESWELL DRIVE?

8 CRESWELL DRIVE is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 8 on CRESWELL DRIVE.