120, LEICESTER ROAD, IBSTOCK, LE67 6HJ - £285,000

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

120 LEICESTER ROAD is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £285,000 in August 2024, which was around 24% below the average August 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

120 LEICESTER ROAD Sold Prices

Land registry data shows two sales for 120 LEICESTER ROAD 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 120 LEICESTER ROAD 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
2024 30 AUG	£285,000	£373,674	24% below HPI
1995 8 SEP	£51,500	£78,596	34% below HPI

120 LEICESTER ROAD 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 120 LEICESTER ROAD sales from September 1995 and August 2024 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 September 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 120 LEICESTER ROAD be worth now?

120 LEICESTER ROAD might now be worth an estimated £299,622.

This is based on house price inflation of 5.1%, between August 2024 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 5.1% inflationary increase is applied to the most recent sale price for 120 LEICESTER ROAD of £285,000 on 30th August 2024. For the value to have increased from £285,000 to £299,622 over the eight months to December 2024, the following assumptions must hold true:

• The value of 120 LEICESTER ROAD has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 120 LEICESTER ROAD has not materially changed since August 2024.

How Large is 120 LEICESTER ROAD?

120 LEICESTER ROAD is 110m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 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 120 LEICESTER ROAD lies on this distribution: 41% of detached houses houses are smaller than 120 LEICESTER ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

120 LEICESTER ROAD: Plot and Title Map

120 LEICESTER ROAD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 120 LEICESTER ROAD, 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 120 LEICESTER ROAD). 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 120 LEICESTER ROAD?

120 LEICESTER ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 120 on LEICESTER ROAD.