RECTORY COTTAGE, MAIN STREET, RAVENSTONE, COALVILLE, LE67 2AS - £675,000

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

RECTORY COTTAGE is a very large extended detached house of 304m², built sometime before 1900, which could now be worth an estimated £1,145,804. It was last sold for £675,000 in February 2014, which was around 192% above the average February 2014 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.

RECTORY COTTAGE Sold Prices

Land registry data shows two sales for RECTORY COTTAGE 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 RECTORY 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
2014 28 FEB	£675,000	£231,428	192% above HPI
2004 26 MAR	£337,000	£192,333	75% above HPI

RECTORY COTTAGE 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 RECTORY COTTAGE sales from March 2004 and February 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 March 2004 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the February 2014 sale, where it rises to 192% above the HPI. The line then continues to track at 192% above the HPI.

What might RECTORY COTTAGE be worth now?

RECTORY COTTAGE might now be worth an estimated £1,145,804.

This is based on house price inflation of 69.7%, between February 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 69.7% inflationary increase is applied to the most recent sale price for RECTORY COTTAGE of £675,000 on 28th February 2014. For the value to have increased from £675,000 to £1,145,804 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of RECTORY COTTAGE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2014 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of RECTORY COTTAGE has not materially changed since February 2014.

How Large is RECTORY COTTAGE?

RECTORY COTTAGE is 304m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 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 RECTORY COTTAGE lies on this distribution: More than 99% of detached houses houses are smaller than RECTORY COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

RECTORY COTTAGE: Plot and Title Map

RECTORY COTTAGE sits on a plot of roughly 0.355 of an acre, or 1,436m². The below map shows the location of RECTORY 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 RECTORY 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 RECTORY COTTAGE?

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