9, WILLARS WAY, RAVENSTONE, COALVILLE, LE67 2DQ - £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

9 WILLARS WAY is a very small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £272,476. It was last sold for £255,000 in August 2022, which was around 31% below the average August 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

9 WILLARS WAY Sold Prices

Land registry data shows five sales for 9 WILLARS WAY 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 9 WILLARS WAY 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
2022 23 AUG	£255,000	£371,907	31% below HPI
2018 18 JUN	£195,000	£296,667	34% below HPI
2006 10 FEB	£149,000	£222,710	33% below HPI
2002 9 AUG	£110,000	£148,969	26% below HPI
1996 26 JAN	£64,995	£73,747	12% below HPI

9 WILLARS WAY 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 9 WILLARS WAY sales between January 1996 and August 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 June 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 9 WILLARS WAY be worth now?

9 WILLARS WAY might now be worth an estimated £272,476.

This is based on house price inflation of 6.9%, between August 2022 and February 2025, 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 6.9% inflationary increase is applied to the most recent sale price for 9 WILLARS WAY of £255,000 on 23rd August 2022. For the value to have increased from £255,000 to £272,476 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 9 WILLARS WAY has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WILLARS WAY has not materially changed since August 2022.

How Large is 9 WILLARS WAY?

9 WILLARS WAY is 86m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ravenstone, and where 9 WILLARS WAY lies on this distribution: 9% of detached houses houses are smaller than 9 WILLARS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

9 WILLARS WAY: Plot and Title Map

9 WILLARS WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 9 WILLARS WAY, 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 9 WILLARS WAY). 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 9 WILLARS WAY?

9 WILLARS WAY is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 9 on WILLARS WAY.