2, WELLAND CLOSE, COALVILLE, LE67 4BZ - £192,000

2 WELLAND CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £192,000 in June 2021, which was around 40% below the average June 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

2 WELLAND CLOSE Sold Prices

Land registry data shows six sales for 2 WELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the six 2 WELLAND CLOSE 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
2021 24 JUN	£192,000	£317,544	40% below HPI
2017 9 JAN	£162,000	£257,648	37% below HPI
2006 29 SEP	£139,950	£221,048	37% below HPI
2003 28 MAR	£113,950	£154,684	26% below HPI
2003 15 JAN	£108,000	£153,323	30% below HPI
1997 21 AUG	£59,950	£77,585	23% below HPI

2 WELLAND CLOSE 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 six 2 WELLAND CLOSE sales between August 1997 and June 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 January 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 WELLAND CLOSE?

2 WELLAND CLOSE is 74m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses by size in Coalville, and where 2 WELLAND CLOSE lies on this distribution: 7% of detached houses are smaller than 2 WELLAND CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Coalville.

2 WELLAND CLOSE: Plot and Title Map

2 WELLAND CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 WELLAND CLOSE, 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 2 WELLAND CLOSE). 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 2 WELLAND CLOSE?

2 WELLAND CLOSE is located in COALVILLE, in the LE67 postcode district. The below map shows the position of No. 2 on WELLAND CLOSE.