GREENDALE, PRESTONS LANE, COLEORTON, COALVILLE, LE67 8FR - £475,000

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

GREENDALE is a very large extended detached house of 243m², built sometime between 1976 and 1982, which could now be worth an estimated £767,678. It was last sold for £475,000 in August 2014, which was around 95% above the average August 2014 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was D.

GREENDALE Sold Prices

Land registry data shows two sales for GREENDALE 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 GREENDALE 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
2014 19 AUG	£475,000	£243,073	95% above HPI
2006 16 NOV	£312,000	£227,726	37% above HPI

GREENDALE 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 GREENDALE sales from November 2006 and August 2014 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 November 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2014 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might GREENDALE be worth now?

GREENDALE might now be worth an estimated £767,678.

This is based on house price inflation of 61.6%, between August 2014 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 61.6% inflationary increase is applied to the most recent sale price for GREENDALE of £475,000 on 19th August 2014. For the value to have increased from £475,000 to £767,678 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of GREENDALE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2014 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of GREENDALE has not materially changed since August 2014.

How Large is GREENDALE?

GREENDALE is 243m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Coleorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleorton, and where GREENDALE lies on this distribution: 86% of detached houses houses are smaller than GREENDALE, and 13% of houses are larger. Note that EPC data is not available for all properties in Coleorton.

GREENDALE: Plot and Title Map

GREENDALE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of GREENDALE, 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 GREENDALE). 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 GREENDALE?

GREENDALE is located on PRESTONS LANE in COLEORTON, in the LE67 postcode district. The below map shows the position of GREENDALE on PRESTONS LANE.