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
2 VICTORIA ROAD is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £330,000 in December 2023, which was around 6% below the average December 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 2 VICTORIA ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the six 2 VICTORIA 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 |
---|---|---|---|
2023 8 DEC | £330,000 | £350,246 | 6% below HPI |
2019 8 OCT | £258,000 | £295,214 | 13% below HPI |
2013 5 JUL | £206,000 | £214,730 | 4% below HPI |
2006 21 APR | £217,000 | £206,980 | 5% above HPI |
2004 30 JAN | £182,500 | £187,173 | 2% below HPI |
1999 14 MAY | £90,500 | £85,376 | 6% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The six 2 VICTORIA ROAD sales between May 1999 and December 2023 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 October 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
2 VICTORIA ROAD is 90m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 2 VICTORIA ROAD lies on this distribution: 23% of detached houses are smaller than 2 VICTORIA ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Ibstock.
2 VICTORIA ROAD sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 2 VICTORIA 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 2 VICTORIA 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.
2 VICTORIA ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 2 on VICTORIA ROAD.