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
22 CHAPEL STREET is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £205,000 in January 2020, which was around 30% below the average January 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 22 CHAPEL STREET since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 22 CHAPEL STREET 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 |
---|---|---|---|
2020 17 JAN | £205,000 | £292,035 | 30% below HPI |
2005 23 SEP | £134,000 | £208,182 | 36% below HPI |
2003 1 AUG | £128,000 | £178,801 | 28% below HPI |
1999 30 JUL | £58,000 | £89,178 | 35% below 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 four 22 CHAPEL STREET sales between July 1999 and January 2020 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 September 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
22 CHAPEL STREET is 90m², which includes one extension, according to the EPC inspection conducted in July 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 22 CHAPEL STREET lies on this distribution: 23% of detached houses are smaller than 22 CHAPEL STREET, and 77% of houses are larger. Note that EPC data is not available for all properties in Ibstock.
22 CHAPEL STREET sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 22 CHAPEL STREET, 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 22 CHAPEL STREET). 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.
22 CHAPEL STREET is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 22 on CHAPEL STREET.