8, THE OLD NURSERIES, RAVENSTONE, COALVILLE, LE67 2LA - £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.

8 THE OLD NURSERIES is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £196,283. It was last sold for £150,000 in November 2018, which was around 20% below the average November 2018 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

8 THE OLD NURSERIES Sold Prices

Land registry data shows five sales for 8 THE OLD NURSERIES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. The five 8 THE OLD NURSERIES 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
2018 22 NOV	£150,000	£187,336	20% below HPI
2014 20 MAY	£135,000	£144,906	7% below HPI
2007 14 DEC	£138,500	£149,391	7% below HPI
1999 22 OCT	£56,500	£56,654	Close to HPI
1995 6 OCT	£55,500	£46,767	19% above HPI

8 THE OLD NURSERIES 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 five 8 THE OLD NURSERIES sales between October 1995 and November 2018 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 THE OLD NURSERIES be worth now?

8 THE OLD NURSERIES might now be worth an estimated £196,283.

This is based on house price inflation of 30.9%, between November 2018 and February 2025, 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 30.9% inflationary increase is applied to the most recent sale price for 8 THE OLD NURSERIES of £150,000 on 22nd November 2018. For the value to have increased from £150,000 to £196,283 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 THE OLD NURSERIES has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The November 2018 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE OLD NURSERIES has not materially changed since November 2018.

How Large is 8 THE OLD NURSERIES?

8 THE OLD NURSERIES is 72m² according to the EPC inspection conducted in August 2022. 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 8 THE OLD NURSERIES lies on this distribution: 2% of semi-detached houses houses are smaller than 8 THE OLD NURSERIES, and 97% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

8 THE OLD NURSERIES: Plot and Title Map

8 THE OLD NURSERIES sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 8 THE OLD NURSERIES, 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 8 THE OLD NURSERIES). 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 8 THE OLD NURSERIES?

8 THE OLD NURSERIES is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 8 on THE OLD NURSERIES.