2, THE OLD NURSERIES, RAVENSTONE, COALVILLE, LE67 2LA - £230,000

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.

2 THE OLD NURSERIES is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £243,538. It was last sold for £230,000 in February 2023, which was around 39% below the average February 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 THE OLD NURSERIES Sold Prices

Land registry data shows one sale for 2 THE OLD NURSERIES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 23 FEB	£230,000	£374,362	39% below HPI

What might 2 THE OLD NURSERIES be worth now?

2 THE OLD NURSERIES might now be worth an estimated £243,538.

This is based on house price inflation of 5.9%, between February 2023 and May 2026, for 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 5.9% inflationary increase is applied to the most recent sale price for 2 THE OLD NURSERIES of £230,000 on 23rd February 2023. For the value to have increased from £230,000 to £243,538 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 THE OLD NURSERIES has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE OLD NURSERIES has not materially changed since February 2023.

How Large is 2 THE OLD NURSERIES?

2 THE OLD NURSERIES is 58m² according to the EPC inspection conducted in June 2022. 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 2 THE OLD NURSERIES lies on this distribution: Less than 1% of detached houses are smaller than 2 THE OLD NURSERIES, and more than 99% of detached houses are larger. Note that EPC data is not available for all properties in Ravenstone.

2 THE OLD NURSERIES: Plot

2 THE OLD NURSERIES sits on a plot of roughly 0.085 of an acre, or 343m².

Where is 2 THE OLD NURSERIES?

2 THE OLD NURSERIES is located in RAVENSTONE, in the LE67 postcode district.