22, HORSESHOE CLOSE, IBSTOCK, LE67 6AL - £250,000

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

22 HORSESHOE CLOSE is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £250,000 in February 2023, which was around 33% below the average February 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

22 HORSESHOE CLOSE Sold Prices

Land registry data shows four sales for 22 HORSESHOE CLOSE since 1^st 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 HORSESHOE 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
2023 28 FEB	£250,000	£374,362	33% below HPI
2018 29 JUN	£199,995	£296,667	33% below HPI
2018 31 MAY	£195,000	£292,023	33% below HPI
2013 29 AUG	£160,000	£228,778	30% below HPI

22 HORSESHOE 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 four 22 HORSESHOE CLOSE sales between August 2013 and February 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 June 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2023 sale, which was also at 33% below the HPI.

What might 22 HORSESHOE CLOSE be worth now?

22 HORSESHOE CLOSE might now be worth an estimated £262,344.

This is based on house price inflation of 4.9%, between February 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 4.9% inflationary increase is applied to the most recent sale price for 22 HORSESHOE CLOSE of £250,000 on 28th February 2023. For the value to have increased from £250,000 to £262,344 over the two months to December 2024, the following assumptions must hold true:

• The value of 22 HORSESHOE CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 22 HORSESHOE CLOSE has not materially changed since February 2023.

How Large is 22 HORSESHOE CLOSE?

22 HORSESHOE CLOSE is 83m² according to the EPC inspection conducted in October 2022. 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 22 HORSESHOE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 22 HORSESHOE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

22 HORSESHOE CLOSE: Plot and Title Map

22 HORSESHOE CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 22 HORSESHOE 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 22 HORSESHOE 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 22 HORSESHOE CLOSE?

22 HORSESHOE CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 22 on HORSESHOE CLOSE.