14, WILLARS WAY, RAVENSTONE, COALVILLE, LE67 2DQ - £150,000

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.

14 WILLARS WAY is a very small semi-detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £190,622. It was last sold for £150,000 in August 2020, which was around 23% below the average August 2020 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

14 WILLARS WAY Sold Prices

Land registry data shows three sales for 14 WILLARS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. Two of the three 14 WILLARS WAY sales were for below the average price, whilst one was 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
2020 14 AUG	£150,000	£195,675	23% below HPI
2018 24 JUL	£117,800	£182,215	35% below HPI
1995 18 JUL	£46,500	£45,905	1% above HPI

14 WILLARS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 14 WILLARS WAY sales between July 1995 and August 2020 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 July 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 14 WILLARS WAY be worth now?

14 WILLARS WAY might now be worth an estimated £190,622.

This is based on house price inflation of 27.1%, between August 2020 and May 2026, for semi-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 27.1% inflationary increase is applied to the most recent sale price for 14 WILLARS WAY of £150,000 on 14th August 2020. For the value to have increased from £150,000 to £190,622 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 14 WILLARS WAY has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The August 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WILLARS WAY has not materially changed since August 2020.

How Large is 14 WILLARS WAY?

14 WILLARS WAY is 54m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Ravenstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ravenstone, and where 14 WILLARS WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 14 WILLARS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

14 WILLARS WAY: Plot and Title Map

14 WILLARS WAY sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 14 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 14 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 14 WILLARS WAY?

14 WILLARS WAY is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 14 on WILLARS WAY.