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 THE LEASCROFT is a midsized detached house of 128m², built sometime between 2003 and 2006. It was last sold for £300,000 in April 2022, which was around 10% below the average April 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 THE LEASCROFT since 1st 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. One of the three 8 THE LEASCROFT sales was for below the average price, whilst two 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 |
---|---|---|---|
2022 29 APR | £300,000 | £333,687 | 10% below HPI |
2018 7 SEP | £295,000 | £282,742 | 4% above HPI |
2005 20 MAY | £249,950 | £208,179 | 20% above HPI |
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 THE LEASCROFT sales between May 2005 and April 2022 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 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
8 THE LEASCROFT is 128m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% 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 THE LEASCROFT lies on this distribution: 45% of detached houses are smaller than 8 THE LEASCROFT, and 53% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.
8 THE LEASCROFT sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 8 THE LEASCROFT, 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 THE LEASCROFT). 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.
8 THE LEASCROFT is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 8 on THE LEASCROFT.