6, WILLARS WAY, RAVENSTONE, COALVILLE, LE67 2DQ - £160,000

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.

6 WILLARS WAY is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £184,308. It was last sold for £160,000 in January 2022, which was around 6% below the average January 2022 terraced price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

6 WILLARS WAY Sold Prices

Land registry data shows five sales for 6 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. The five 6 WILLARS WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2022 24 JAN	£160,000	£170,949	6% below HPI
2019 17 MAY	£124,950	£145,411	14% below HPI
2010 30 APR	£97,000	£108,645	11% below HPI
2004 10 SEP	£105,000	£105,228	Close to HPI
1995 24 FEB	£44,995	£36,305	24% above HPI

6 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 6 WILLARS WAY sales between February 1995 and January 2022 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 May 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 6 WILLARS WAY be worth now?

6 WILLARS WAY might now be worth an estimated £184,308.

This is based on house price inflation of 15.2%, between January 2022 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 15.2% inflationary increase is applied to the most recent sale price for 6 WILLARS WAY of £160,000 on 24th January 2022. For the value to have increased from £160,000 to £184,308 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 6 WILLARS WAY has moved in line with the HPI for terraced houses in the North West Leicestershire local authority area.
• The January 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WILLARS WAY has not materially changed since January 2022.

How Large is 6 WILLARS WAY?

6 WILLARS WAY is 55m² according to the EPC inspection conducted in December 2018. 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 6 WILLARS WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 6 WILLARS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

6 WILLARS WAY: Plot and Title Map

6 WILLARS WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 6 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 6 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 6 WILLARS WAY?

6 WILLARS WAY is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 6 on WILLARS WAY.