150, MELBOURNE ROAD, IBSTOCK, LE67 6NP - £130,000

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

150 MELBOURNE ROAD is a very large extended semi-detached house of 151m², built sometime before 1900, which could now be worth an estimated £183,104. It was last sold for £130,000 in August 2017, which was around 25% below the average August 2017 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

150 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 150 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 150 MELBOURNE 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
2017 11 AUG	£130,000	£172,592	25% below HPI
2015 10 AUG	£130,000	£155,488	16% below HPI

150 MELBOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 150 MELBOURNE ROAD sales from August 2015 and August 2017 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 August 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 150 MELBOURNE ROAD be worth now?

150 MELBOURNE ROAD might now be worth an estimated £183,104.

This is based on house price inflation of 40.8%, between August 2017 and December 2024, for semi-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 40.8% inflationary increase is applied to the most recent sale price for 150 MELBOURNE ROAD of £130,000 on 11th August 2017. For the value to have increased from £130,000 to £183,104 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 150 MELBOURNE ROAD has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The August 2017 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 150 MELBOURNE ROAD has not materially changed since August 2017.

How Large is 150 MELBOURNE ROAD?

150 MELBOURNE ROAD is 151m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of semi-detached houses houses in Ibstock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ibstock, and where 150 MELBOURNE ROAD lies on this distribution: 83% of semi-detached houses houses are smaller than 150 MELBOURNE ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

150 MELBOURNE ROAD: Plot and Title Map

150 MELBOURNE ROAD sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 150 MELBOURNE 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 150 MELBOURNE 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 150 MELBOURNE ROAD?

150 MELBOURNE ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 150 on MELBOURNE ROAD.