12, BABELAKE STREET, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1WD - £216,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 BABELAKE STREET is a very small semi-detached house of 75m², built sometime between 1967 and 1975. It was last sold for £216,000 in October 2016, which was around 14% below the average October 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

12 BABELAKE STREET Sold Prices

Land registry data shows two sales for 12 BABELAKE STREET 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 12 BABELAKE 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
2016 14 OCT	£216,000	£252,503	14% below HPI
2007 12 JUL	£210,000	£229,849	9% below HPI

12 BABELAKE 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 two 12 BABELAKE STREET sales from July 2007 and October 2016 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 BABELAKE STREET?

12 BABELAKE STREET is 75m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Packington, based on EPC data. The below chart shows the distribution of detached houses by size in Packington, and where 12 BABELAKE STREET lies on this distribution: 4% of detached houses are smaller than 12 BABELAKE STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Packington.

12 BABELAKE STREET: Plot and Title Map

12 BABELAKE STREET sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 12 BABELAKE 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 BABELAKE 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 BABELAKE STREET?

12 BABELAKE STREET is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 12 on BABELAKE STREET.