1, THE ORCHARDS, THRINGSTONE, COALVILLE, LE67 8AL - £260,000

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.

1 THE ORCHARDS is a very small detached house of 74m², built sometime between 2007 and 2011, which could now be worth an estimated £276,516. It was last sold for £260,000 in December 2023, which was around 30% below the average December 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 THE ORCHARDS Sold Prices

Land registry data shows two sales for 1 THE ORCHARDS 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 1 THE ORCHARDS 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
2023 8 DEC	£260,000	£371,178	30% below HPI
2007 20 DEC	£185,000	£239,469	23% below HPI

1 THE ORCHARDS 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 1 THE ORCHARDS sales from December 2007 and December 2023 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 December 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 THE ORCHARDS be worth now?

1 THE ORCHARDS might now be worth an estimated £276,516.

This is based on house price inflation of 6.4%, between December 2023 and April 2026, 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 6.4% inflationary increase is applied to the most recent sale price for 1 THE ORCHARDS of £260,000 on 8th December 2023. For the value to have increased from £260,000 to £276,516 over the three years and eight months to April 2026, the following assumptions must hold true:

• The value of 1 THE ORCHARDS has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The December 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE ORCHARDS has not materially changed since December 2023.

How Large is 1 THE ORCHARDS?

1 THE ORCHARDS is 74m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses houses in Thringstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thringstone, and where 1 THE ORCHARDS lies on this distribution: 6% of detached houses houses are smaller than 1 THE ORCHARDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Thringstone.

1 THE ORCHARDS: Plot and Title Map

1 THE ORCHARDS sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 1 THE ORCHARDS, 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 1 THE ORCHARDS). 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 1 THE ORCHARDS?

1 THE ORCHARDS is located in THRINGSTONE, in the LE67 postcode district. The below map shows the position of No. 1 on THE ORCHARDS.