8, RAUNSTONE CLOSE, RAVENSTONE, COALVILLE, LE67 2DN - £220,000

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 RAUNSTONE CLOSE is a very small detached house of 79m². It was last sold for £220,000 in November 2020, which was around 28% below the average November 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

8 RAUNSTONE CLOSE Sold Prices

Land registry data shows two sales for 8 RAUNSTONE 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 RAUNSTONE 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
2020 6 NOV	£220,000	£303,697	28% below HPI
2015 18 DEC	£194,950	£242,625	20% below HPI

8 RAUNSTONE 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 RAUNSTONE CLOSE sales from December 2015 and November 2020 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 December 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 RAUNSTONE CLOSE?

8 RAUNSTONE CLOSE is 79m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 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 RAUNSTONE CLOSE lies on this distribution: 5% of detached houses are smaller than 8 RAUNSTONE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

8 RAUNSTONE CLOSE: Plot and Title Map

8 RAUNSTONE CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 8 RAUNSTONE 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 RAUNSTONE 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 RAUNSTONE CLOSE?

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