THE COTTAGE, CLAY LANE, COLEORTON, COALVILLE, LE67 8JE - £399,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE COTTAGE is a midsized extended detached house of 168m², built sometime between 2003 and 2006. It was last sold for £399,950 in October 2015, which was around 68% above the average October 2015 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows five sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the five THE COTTAGE sales were for below 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
2015 5 OCT	£399,950	£238,474	68% above HPI
2004 30 JUN	£140,000	£195,008	28% below HPI
2002 17 SEP	£130,000	£141,728	8% below HPI
2001 24 OCT	£112,500	£119,698	6% below HPI
2000 13 SEP	£100,000	£103,497	3% below HPI

THE 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 five THE COTTAGE sales between September 2000 and October 2015 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 June 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2015 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 168m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% of detached houses in Coleorton, based on EPC data. The below chart shows the distribution of detached houses by size in Coleorton, and where THE COTTAGE lies on this distribution: 44% of detached houses are smaller than THE COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Coleorton.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on CLAY LANE in COLEORTON, in the LE67 postcode district. The below map shows the position of THE COTTAGE on CLAY LANE.