3, ORCHARD CLOSE, RAVENSTONE, COALVILLE, LE67 2JW - £287,500

3 ORCHARD CLOSE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £287,500 in May 2023, which was around 16% below the average May 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

3 ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 3 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 3 ORCHARD 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
2023 31 MAY	£287,500	£343,013	16% below HPI
2019 31 JUL	£250,000	£278,246	10% below HPI
2017 2 JUN	£186,000	£259,104	28% below HPI
2002 22 MAR	£100,000	£125,176	20% below HPI

3 ORCHARD 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 four 3 ORCHARD CLOSE sales between March 2002 and May 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 July 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses in Coalville, based on EPC data. The below chart shows the distribution of detached houses by size in Coalville, and where 3 ORCHARD CLOSE lies on this distribution: 24% of detached houses are smaller than 3 ORCHARD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Coalville.

3 ORCHARD CLOSE: Plot and Title Map

3 ORCHARD CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 ORCHARD 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 3 ORCHARD 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 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 3 on ORCHARD CLOSE.