1, PIKE CROFT CLOSE, IBSTOCK, LE67 6QP - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PIKE CROFT CLOSE is a midsized detached house of 121m². It was last sold for £320,000 in January 2023, which was around 15% below the average January 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

1 PIKE CROFT CLOSE Sold Prices

Land registry data shows two sales for 1 PIKE CROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 1 PIKE CROFT 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 6 JAN	£320,000	£374,556	15% below HPI
2016 12 JAN	£225,000	£256,384	12% below HPI

1 PIKE CROFT 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 two 1 PIKE CROFT CLOSE sales from January 2016 and January 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 January 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 PIKE CROFT CLOSE be worth now?

1 PIKE CROFT CLOSE might now be worth an estimated £335,626.

This is based on house price inflation of 4.9%, between January 2023 and December 2024, 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 4.9% inflationary increase is applied to the most recent sale price for 1 PIKE CROFT CLOSE of £320,000 on 6th January 2023. For the value to have increased from £320,000 to £335,626 over the one month to December 2024, the following assumptions must hold true:

• The value of 1 PIKE CROFT CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The January 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PIKE CROFT CLOSE has not materially changed since January 2023.

How Large is 1 PIKE CROFT CLOSE?

1 PIKE CROFT CLOSE is 121m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ibstock, and where 1 PIKE CROFT CLOSE lies on this distribution: 58% of detached houses houses are smaller than 1 PIKE CROFT CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

1 PIKE CROFT CLOSE: Plot and Title Map

1 PIKE CROFT CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 1 PIKE CROFT 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 1 PIKE CROFT 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 1 PIKE CROFT CLOSE?

1 PIKE CROFT CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 1 on PIKE CROFT CLOSE.