18, GAMBLE CLOSE, IBSTOCK, LE67 6AB - £115,500

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

18 GAMBLE CLOSE is a small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £210,770. It was last sold for £115,500 in December 2011, which was around 47% below the average December 2011 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

18 GAMBLE CLOSE Sold Prices

Land registry data shows three sales for 18 GAMBLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 18 GAMBLE CLOSE 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 9 DEC	£115,500	£217,769	47% below HPI
2001 1 AUG	£43,030	£123,706	65% below HPI
1999 21 JUL	£58,000	£94,567	39% below HPI

18 GAMBLE CLOSE 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 three 18 GAMBLE CLOSE sales between July 1999 and December 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 August 2001 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the December 2011 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 18 GAMBLE CLOSE be worth now?

18 GAMBLE CLOSE might now be worth an estimated £210,770.

This is based on house price inflation of 82.5%, between December 2011 and February 2025, 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 82.5% inflationary increase is applied to the most recent sale price for 18 GAMBLE CLOSE of £115,500 on 9th December 2011. For the value to have increased from £115,500 to £210,770 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 GAMBLE CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The December 2011 sale price of £115,500 represented a fair market value for the property.
• The size, condition, and specification of 18 GAMBLE CLOSE has not materially changed since December 2011.

How Large is 18 GAMBLE CLOSE?

18 GAMBLE CLOSE is 94m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 18 GAMBLE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 18 GAMBLE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

18 GAMBLE CLOSE: Plot and Title Map

18 GAMBLE CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 18 GAMBLE CLOSE, 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 18 GAMBLE CLOSE). 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 18 GAMBLE CLOSE?

18 GAMBLE CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 18 on GAMBLE CLOSE.