BIRCH TREE BARN, WORTHINGTON LANE, NEWBOLD COLEORTON, COALVILLE, LE67 8PH - £470,000

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

BIRCH TREE BARN is a large extended detached house of 220m², built sometime between 1996 and 2002, which could now be worth an estimated £834,973. It was last sold for £470,000 in March 2011, which was around 113% above the average March 2011 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

BIRCH TREE BARN Sold Prices

Land registry data shows two sales for BIRCH TREE BARN 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 BIRCH TREE BARN sales 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
2011 2 MAR	£470,000	£221,130	113% above HPI
2004 30 JUL	£440,000	£209,781	110% above HPI

BIRCH TREE BARN 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 BIRCH TREE BARN sales from July 2004 and March 2011 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 2004 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the March 2011 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might BIRCH TREE BARN be worth now?

BIRCH TREE BARN might now be worth an estimated £834,973.

This is based on house price inflation of 77.7%, between March 2011 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 77.7% inflationary increase is applied to the most recent sale price for BIRCH TREE BARN of £470,000 on 2nd March 2011. For the value to have increased from £470,000 to £834,973 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of BIRCH TREE BARN has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The March 2011 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of BIRCH TREE BARN has not materially changed since March 2011.

How Large is BIRCH TREE BARN?

BIRCH TREE BARN is 220m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 30% of detached houses houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbold, and where BIRCH TREE BARN lies on this distribution: 72% of detached houses houses are smaller than BIRCH TREE BARN, and 28% of houses are larger. Note that EPC data is not available for all properties in Newbold.

BIRCH TREE BARN: Plot and Title Map

BIRCH TREE BARN sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of BIRCH TREE BARN, 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 BIRCH TREE BARN). 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 BIRCH TREE BARN?

BIRCH TREE BARN is located on WORTHINGTON LANE in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of BIRCH TREE BARN on WORTHINGTON LANE.