20, PEPPER DRIVE, IBSTOCK, LE67 6QL - £260,000

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

20 PEPPER DRIVE is a very small detached house of 88m². It was last sold for £260,000 in May 2023, which was around 29% below the average May 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

20 PEPPER DRIVE Sold Prices

Land registry data shows two sales for 20 PEPPER DRIVE 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. Both of the two 20 PEPPER DRIVE 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 11 MAY	£260,000	£364,338	29% below HPI
2019 11 DEC	£244,995	£310,534	21% below HPI

20 PEPPER DRIVE 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 20 PEPPER DRIVE sales from December 2019 and May 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 December 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 20 PEPPER DRIVE be worth now?

20 PEPPER DRIVE might now be worth an estimated £280,344.

This is based on house price inflation of 7.8%, between May 2023 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 7.8% inflationary increase is applied to the most recent sale price for 20 PEPPER DRIVE of £260,000 on 11th May 2023. For the value to have increased from £260,000 to £280,344 over the five months to December 2024, the following assumptions must hold true:

• The value of 20 PEPPER DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The May 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PEPPER DRIVE has not materially changed since May 2023.

How Large is 20 PEPPER DRIVE?

20 PEPPER DRIVE is 88m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% 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 20 PEPPER DRIVE lies on this distribution: 20% of detached houses houses are smaller than 20 PEPPER DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

20 PEPPER DRIVE: Plot and Title Map

20 PEPPER DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 20 PEPPER DRIVE, 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 20 PEPPER DRIVE). 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 20 PEPPER DRIVE?

20 PEPPER DRIVE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 20 on PEPPER DRIVE.