WHITE LODGE, LEICESTER ROAD, RAVENSTONE, COALVILLE, LE67 2AQ - £445,000

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.

WHITE LODGE is a very large detached house of 210m², built sometime between 1976 and 1982, which could now be worth an estimated £525,955. It was last sold for £445,000 in August 2021, which was around 32% above the average August 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

WHITE LODGE Sold Prices

Land registry data shows two sales for WHITE LODGE 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 WHITE LODGE 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 26 AUG	£445,000	£336,228	32% above HPI
1999 10 AUG	£152,000	£97,229	56% above HPI

WHITE LODGE 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 WHITE LODGE sales from August 1999 and August 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 August 1999 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might WHITE LODGE be worth now?

WHITE LODGE might now be worth an estimated £525,955.

This is based on house price inflation of 18.2%, between August 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 18.2% inflationary increase is applied to the most recent sale price for WHITE LODGE of £445,000 on 26th August 2021. For the value to have increased from £445,000 to £525,955 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of WHITE LODGE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2021 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of WHITE LODGE has not materially changed since August 2021.

How Large is WHITE LODGE?

WHITE LODGE is 210m² according to the EPC inspection conducted in February 2017. 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 WHITE LODGE lies on this distribution: 93% of detached houses houses are smaller than WHITE LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

WHITE LODGE: Plot and Title Map

WHITE LODGE sits on a plot of roughly 0.256 of an acre, or 1,034m². The below map shows the location of WHITE LODGE, 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 WHITE LODGE). 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 WHITE LODGE?

WHITE LODGE is located on LEICESTER ROAD in RAVENSTONE, in the LE67 postcode district. The below map shows the position of WHITE LODGE on LEICESTER ROAD.