2, GARDEN LANE, IBSTOCK, LE67 6GZ - £225,000

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

2 GARDEN LANE is a small detached house of 93m², built sometime between 2003 and 2006. It was last sold for £225,000 in April 2019, which was around 26% below the average April 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 GARDEN LANE Sold Prices

Land registry data shows three sales for 2 GARDEN LANE 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 2 GARDEN LANE 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
2019 29 APR	£225,000	£302,797	26% below HPI
2019 29 MAR	£215,000	£301,095	29% below HPI
2013 31 MAY	£183,000	£218,454	16% below HPI

2 GARDEN LANE 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 2 GARDEN LANE sales between May 2013 and April 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 March 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 GARDEN LANE be worth now?

2 GARDEN LANE might now be worth an estimated £291,913.

This is based on house price inflation of 29.7%, between April 2019 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 29.7% inflationary increase is applied to the most recent sale price for 2 GARDEN LANE of £225,000 on 29th April 2019. For the value to have increased from £225,000 to £291,913 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 2 GARDEN LANE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The April 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GARDEN LANE has not materially changed since April 2019.

How Large is 2 GARDEN LANE?

2 GARDEN LANE is 93m² according to the EPC inspection conducted in January 2019. 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 2 GARDEN LANE lies on this distribution: 24% of detached houses houses are smaller than 2 GARDEN LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

2 GARDEN LANE: Plot and Title Map

2 GARDEN LANE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 GARDEN LANE, 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 2 GARDEN LANE). 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 2 GARDEN LANE?

2 GARDEN LANE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 2 on GARDEN LANE.