OLD RICKYARD, SCHOOL LANE, NEWTON BURGOLAND, COALVILLE, LE67 2SL - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OLD RICKYARD is a large extended detached house of 152m², built sometime between 1967 and 1975, which could now be worth an estimated £515,823. It was last sold for £425,000 in April 2021, which was around 30% above the average April 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

OLD RICKYARD Sold Prices

Land registry data shows three sales for OLD RICKYARD since 1^st 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. All of the three OLD RICKYARD 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
2021 21 APR	£425,000	£327,424	30% above HPI
2017 30 NOV	£382,000	£280,723	36% above HPI
2010 5 NOV	£295,000	£220,104	34% above HPI

OLD RICKYARD 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 three OLD RICKYARD sales between November 2010 and April 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 November 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might OLD RICKYARD be worth now?

OLD RICKYARD might now be worth an estimated £515,823.

This is based on house price inflation of 21.4%, between April 2021 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 21.4% inflationary increase is applied to the most recent sale price for OLD RICKYARD of £425,000 on 21st April 2021. For the value to have increased from £425,000 to £515,823 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of OLD RICKYARD has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The April 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of OLD RICKYARD has not materially changed since April 2021.

How Large is OLD RICKYARD?

OLD RICKYARD is 152m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses houses in Newton Burgoland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Burgoland, and where OLD RICKYARD lies on this distribution: 72% of detached houses houses are smaller than OLD RICKYARD, and 28% of houses are larger. Note that EPC data is not available for all properties in Newton Burgoland.

OLD RICKYARD: Plot and Title Map

OLD RICKYARD sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of OLD RICKYARD, 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 OLD RICKYARD). 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 OLD RICKYARD?

OLD RICKYARD is located on SCHOOL LANE in NEWTON BURGOLAND, in the LE67 postcode district. The below map shows the position of OLD RICKYARD on SCHOOL LANE.