12, WILLARS WAY, RAVENSTONE, COALVILLE, LE67 2DQ - £180,000

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.

12 WILLARS WAY is a very small terraced house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £192,068. It was last sold for £180,000 in August 2023, which was around 2% below the average August 2023 terraced price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was A.

12 WILLARS WAY Sold Prices

Land registry data shows five sales for 12 WILLARS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North West Leicestershire local authority area for the corresponding sale date. Most of the five 12 WILLARS WAY 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 4 AUG	£180,000	£184,547	2% below HPI
2017 10 FEB	£123,000	£135,475	9% below HPI
2011 19 AUG	£100,000	£116,022	14% below HPI
2009 30 JUL	£107,000	£104,561	2% above HPI
1995 22 MAY	£44,995	£36,248	24% above HPI

12 WILLARS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North West Leicestershire local authority area over time, sourced from the HPI. The five 12 WILLARS WAY sales between May 1995 and August 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 February 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 WILLARS WAY be worth now?

12 WILLARS WAY might now be worth an estimated £192,068.

This is based on house price inflation of 6.7%, between August 2023 and May 2026, for terraced 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 6.7% inflationary increase is applied to the most recent sale price for 12 WILLARS WAY of £180,000 on 4th August 2023. For the value to have increased from £180,000 to £192,068 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 12 WILLARS WAY has moved in line with the HPI for terraced houses in the North West Leicestershire local authority area.
• The August 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WILLARS WAY has not materially changed since August 2023.

How Large is 12 WILLARS WAY?

12 WILLARS WAY is 54m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of terraced houses houses in Ravenstone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ravenstone, and where 12 WILLARS WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 12 WILLARS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

12 WILLARS WAY: Plot and Title Map

12 WILLARS WAY sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 12 WILLARS WAY, 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 12 WILLARS WAY). 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 12 WILLARS WAY?

12 WILLARS WAY is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 12 on WILLARS WAY.