16, FRANCES WAY, IBSTOCK, LE67 6DA - £272,000

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

16 FRANCES WAY is a midsized detached house of 115m². It was last sold for £272,000 in June 2019, which was around 3% below the average June 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

16 FRANCES WAY Sold Prices

Land registry data shows two sales for 16 FRANCES WAY 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. One of the two 16 FRANCES WAY sales was for below the average price, whilst the other was for above 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
2019 27 JUN	£272,000	£279,664	3% below HPI
2015 29 MAY	£250,000	£234,640	7% above HPI

16 FRANCES WAY 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 16 FRANCES WAY sales from May 2015 and June 2019 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 16 FRANCES WAY?

16 FRANCES WAY is 115m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 16 FRANCES WAY lies on this distribution: 52% of detached houses are smaller than 16 FRANCES WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

16 FRANCES WAY: Plot and Title Map

16 FRANCES WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 FRANCES WAY, 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 16 FRANCES WAY). 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 16 FRANCES WAY?

16 FRANCES WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 16 on FRANCES WAY.