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

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

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 30% 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	£208,170	30% below HPI
2003 4 JUL	£143,000	£176,847	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2011 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

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 in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 15 GRANGE ROAD lies on this distribution: 13% of detached houses are smaller than 15 GRANGE ROAD, and 86% 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 0.071 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.