15, GRANGE ROAD, IBSTOCK, LE67 6LF - £145,000

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

15 GRANGE ROAD is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £145,000 in November 2011, which was around 34% below the average November 2011 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

15 GRANGE ROAD Sold Prices

Land registry data shows two sales for 15 GRANGE 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 15 GRANGE 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
2011 28 NOV	£145,000	£220,751	34% below HPI
2003 4 JUL	£143,000	£187,535	24% below HPI

15 GRANGE 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 15 GRANGE ROAD sales from July 2003 and November 2011 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 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 GRANGE ROAD be worth now?

15 GRANGE ROAD might now be worth an estimated £258,040.

This is based on house price inflation of 78%, between November 2011 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 78% inflationary increase is applied to the most recent sale price for 15 GRANGE ROAD of £145,000 on 28th November 2011. For the value to have increased from £145,000 to £258,040 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 15 GRANGE ROAD has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The November 2011 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GRANGE ROAD has not materially changed since November 2011.

How Large is 15 GRANGE ROAD?

15 GRANGE ROAD is 83m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% 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 15 GRANGE ROAD lies on this distribution: 13% of detached houses houses are smaller than 15 GRANGE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

15 GRANGE ROAD: Plot and Title Map

15 GRANGE ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 15 GRANGE 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 15 GRANGE 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 15 GRANGE ROAD?

15 GRANGE ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 15 on GRANGE ROAD.