11, PIKE LANE, IBSTOCK, LE67 6AP - £230,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

11 PIKE LANE is a very small detached house of 83m². It was last sold for £230,000 in June 2021, which was around 28% below the average June 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was A.

11 PIKE LANE Sold Prices

Land registry data shows four sales for 11 PIKE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 11 PIKE LANE 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
2021 1 JUN	£230,000	£317,544	28% below HPI
2020 10 JUL	£220,000	£300,195	27% below HPI
2018 14 DEC	£194,000	£285,745	32% below HPI
2014 10 OCT	£186,995	£230,962	19% below HPI

11 PIKE LANE 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 four 11 PIKE LANE sales between October 2014 and June 2021 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 July 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 11 PIKE LANE?

11 PIKE LANE is 83m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 11 PIKE LANE lies on this distribution: 12% of detached houses are smaller than 11 PIKE LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

11 PIKE LANE: Plot and Title Map

11 PIKE LANE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 11 PIKE LANE, 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 11 PIKE LANE). 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 11 PIKE LANE?

11 PIKE LANE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 11 on PIKE LANE.