12, ARGYLE STREET, IBSTOCK, LE67 6NB - £170,000

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

12 ARGYLE STREET is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £170,000 in February 2018, which was around 42% below the average February 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

12 ARGYLE STREET Sold Prices

Land registry data shows three sales for 12 ARGYLE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 12 ARGYLE STREET 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
2018 26 FEB	£170,000	£291,934	42% below HPI
2014 23 JAN	£131,000	£231,955	44% below HPI
2006 14 JUL	£125,000	£227,673	45% below HPI

12 ARGYLE STREET 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 three 12 ARGYLE STREET sales between July 2006 and February 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 January 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2018 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 12 ARGYLE STREET be worth now?

12 ARGYLE STREET might now be worth an estimated £228,763.

This is based on house price inflation of 34.6%, between February 2018 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 34.6% inflationary increase is applied to the most recent sale price for 12 ARGYLE STREET of £170,000 on 26th February 2018. For the value to have increased from £170,000 to £228,763 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 12 ARGYLE STREET has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2018 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ARGYLE STREET has not materially changed since February 2018.

How Large is 12 ARGYLE STREET?

12 ARGYLE STREET is 78m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% 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 12 ARGYLE STREET lies on this distribution: 10% of detached houses houses are smaller than 12 ARGYLE STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

12 ARGYLE STREET: Plot and Title Map

12 ARGYLE STREET sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 12 ARGYLE STREET, 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 12 ARGYLE STREET). 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 12 ARGYLE STREET?

12 ARGYLE STREET is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 12 on ARGYLE STREET.