8, FORDICE CLOSE, HUGGLESCOTE, COALVILLE, LE67 2HY - £232,000

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 FORDICE CLOSE is a very small extended detached house of 80m², built sometime between 1976 and 1982. It was last sold for £232,000 in August 2021, which was around 27% below the average August 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

8 FORDICE CLOSE Sold Prices

Land registry data shows two sales for 8 FORDICE 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 8 FORDICE 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
2021 20 AUG	£232,000	£317,065	27% below HPI
2019 26 JUL	£175,000	£278,246	37% below HPI

8 FORDICE 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 8 FORDICE CLOSE sales from July 2019 and August 2021 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 July 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 FORDICE CLOSE?

8 FORDICE CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Hugglescote, based on EPC data. The below chart shows the distribution of detached houses by size in Hugglescote, and where 8 FORDICE CLOSE lies on this distribution: 6% of detached houses are smaller than 8 FORDICE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hugglescote.

8 FORDICE CLOSE: Plot and Title Map

8 FORDICE CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 8 FORDICE 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 8 FORDICE 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 8 FORDICE CLOSE?

8 FORDICE CLOSE is located in HUGGLESCOTE, in the LE67 postcode district. The below map shows the position of No. 8 on FORDICE CLOSE.