263, MELBOURNE ROAD, IBSTOCK, LE67 6NS - £425,000

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

263 MELBOURNE ROAD is a very large extended detached house of 217m², built sometime before 1900. It was last sold for £425,000 in June 2021, which was around 34% above the average June 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

263 MELBOURNE ROAD Sold Prices

Land registry data shows four sales for 263 MELBOURNE ROAD 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. Most of the four 263 MELBOURNE ROAD sales were for above 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
2021 30 JUN	£425,000	£317,544	34% above HPI
2017 18 DEC	£340,000	£271,717	25% above HPI
1999 20 AUG	£91,000	£91,687	1% below HPI
1996 14 NOV	£79,950	£75,417	6% above HPI

263 MELBOURNE ROAD 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 263 MELBOURNE ROAD sales between November 1996 and June 2021 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 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 263 MELBOURNE ROAD?

263 MELBOURNE ROAD is 217m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 263 MELBOURNE ROAD lies on this distribution: 98% of detached houses are smaller than 263 MELBOURNE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

263 MELBOURNE ROAD: Plot and Title Map

263 MELBOURNE ROAD sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 263 MELBOURNE 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 263 MELBOURNE 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.

Where is 263 MELBOURNE ROAD?

263 MELBOURNE ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 263 on MELBOURNE ROAD.