PETAL COTTAGE, MAIN STREET, RAVENSTONE, COALVILLE, LE67 2AS - £205,000

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

PETAL COTTAGE is a small semi-detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £247,342. It was last sold for £205,000 in February 2021, which was around 2% above the average February 2021 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

PETAL COTTAGE Sold Prices

Land registry data shows two sales for PETAL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two PETAL COTTAGE 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 12 FEB	£205,000	£201,479	2% above HPI
1995 28 APR	£45,000	£44,600	1% above HPI

PETAL COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two PETAL COTTAGE sales from April 1995 and February 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 April 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might PETAL COTTAGE be worth now?

PETAL COTTAGE might now be worth an estimated £247,342.

This is based on house price inflation of 20.7%, between February 2021 and December 2024, for semi-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 20.7% inflationary increase is applied to the most recent sale price for PETAL COTTAGE of £205,000 on 12th February 2021. For the value to have increased from £205,000 to £247,342 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of PETAL COTTAGE has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The February 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of PETAL COTTAGE has not materially changed since February 2021.

How Large is PETAL COTTAGE?

PETAL COTTAGE is 115m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of semi-detached houses houses in Ravenstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ravenstone, and where PETAL COTTAGE lies on this distribution: 36% of semi-detached houses houses are smaller than PETAL COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

PETAL COTTAGE: Plot and Title Map

PETAL COTTAGE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of PETAL COTTAGE, 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 PETAL COTTAGE). 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 PETAL COTTAGE?

PETAL COTTAGE is located on MAIN STREET in RAVENSTONE, in the LE67 postcode district. The below map shows the position of PETAL COTTAGE on MAIN STREET.