9, WILLARS WAY, RAVENSTONE, COALVILLE, LE67 2DQ - £255,000

9 WILLARS WAY is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £255,000 in August 2022, which was around 27% below the average August 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

9 WILLARS WAY Sold Prices

Land registry data shows five sales for 9 WILLARS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the five 9 WILLARS WAY 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
2022 23 AUG	£255,000	£351,112	27% below HPI
2018 18 JUN	£195,000	£279,760	30% below HPI
2006 10 FEB	£149,000	£210,017	29% below HPI
2002 9 AUG	£110,000	£140,479	22% below HPI
1996 26 JAN	£64,995	£69,544	7% below HPI

9 WILLARS WAY 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 five 9 WILLARS WAY sales between January 1996 and August 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 June 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 9 WILLARS WAY?

9 WILLARS WAY is 86m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Ravenstone, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenstone, and where 9 WILLARS WAY lies on this distribution: 9% of detached houses are smaller than 9 WILLARS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

9 WILLARS WAY: Plot and Title Map

9 WILLARS WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 9 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 9 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 9 WILLARS WAY?

9 WILLARS WAY is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 9 on WILLARS WAY.