14, OAK DRIVE, IBSTOCK, LE67 6HY - £169,995

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

14 OAK DRIVE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £169,995 in June 2013, which was around 24% below the average June 2013 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

14 OAK DRIVE Sold Prices

Land registry data shows two sales for 14 OAK DRIVE 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 14 OAK DRIVE 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
2013 24 JUN	£169,995	£223,721	24% below HPI
2005 13 MAY	£156,000	£220,761	29% below HPI

14 OAK DRIVE 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 14 OAK DRIVE sales from May 2005 and June 2013 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 May 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2013 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 14 OAK DRIVE be worth now?

14 OAK DRIVE might now be worth an estimated £298,505.

This is based on house price inflation of 75.6%, between June 2013 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 75.6% inflationary increase is applied to the most recent sale price for 14 OAK DRIVE of £169,995 on 24th June 2013. For the value to have increased from £169,995 to £298,505 over the ten years and six months to December 2024, the following assumptions must hold true:

• The value of 14 OAK DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2013 sale price of £169,995 represented a fair market value for the property.
• The size, condition, and specification of 14 OAK DRIVE has not materially changed since June 2013.

How Large is 14 OAK DRIVE?

14 OAK DRIVE is 75m² according to the EPC inspection conducted in May 2013. 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 14 OAK DRIVE lies on this distribution: 8% of detached houses houses are smaller than 14 OAK DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

14 OAK DRIVE: Plot and Title Map

14 OAK DRIVE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 14 OAK DRIVE, 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 14 OAK DRIVE). 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 14 OAK DRIVE?

14 OAK DRIVE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 14 on OAK DRIVE.