8, THORNTREE CLOSE, RAVENSTONE, COALVILLE, LE67 2JY - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THORNTREE CLOSE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £255,000 in June 2021, which was around 24% below the average June 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

8 THORNTREE CLOSE Sold Prices

Land registry data shows five sales for 8 THORNTREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the five 8 THORNTREE 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 4 JUN	£255,000	£336,735	24% below HPI
2007 18 JUN	£177,500	£240,084	26% below HPI
2003 21 FEB	£133,000	£161,604	18% below HPI
2002 20 DEC	£130,000	£163,391	20% below HPI
1995 27 APR	£64,950	£74,471	13% below HPI

8 THORNTREE 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 five 8 THORNTREE CLOSE sales between April 1995 and June 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 June 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 THORNTREE CLOSE be worth now?

8 THORNTREE CLOSE might now be worth an estimated £297,491.

This is based on house price inflation of 16.7%, between June 2021 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 8 THORNTREE CLOSE of £255,000 on 4th June 2021. For the value to have increased from £255,000 to £297,491 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 8 THORNTREE CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THORNTREE CLOSE has not materially changed since June 2021.

How Large is 8 THORNTREE CLOSE?

8 THORNTREE CLOSE is 90m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalville, and where 8 THORNTREE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 8 THORNTREE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Coalville.

8 THORNTREE CLOSE: Plot and Title Map

8 THORNTREE CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 8 THORNTREE 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 THORNTREE 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 THORNTREE CLOSE?

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