28, PENISTONE STREET, IBSTOCK, LE67 6NU - £125,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 PENISTONE STREET is a small terraced house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £154,746. It was last sold for £125,000 in December 2018, which was around 16% below the average December 2018 terraced price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

28 PENISTONE STREET Sold Prices

Land registry data shows five sales for 28 PENISTONE STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North West Leicestershire local authority area for the corresponding sale date. All of the five 28 PENISTONE 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
2018 14 DEC	£125,000	£148,047	16% below HPI
2017 20 JAN	£99,950	£133,767	25% below HPI
2012 26 OCT	£88,000	£108,337	19% below HPI
2002 3 MAY	£60,000	£61,306	2% below HPI
2000 8 DEC	£35,000	£48,484	28% below HPI

28 PENISTONE STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North West Leicestershire local authority area over time, sourced from the HPI. The five 28 PENISTONE STREET sales between December 2000 and December 2018 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 January 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 28 PENISTONE STREET be worth now?

28 PENISTONE STREET might now be worth an estimated £154,746.

This is based on house price inflation of 23.8%, between December 2018 and June 2025, for terraced 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 23.8% inflationary increase is applied to the most recent sale price for 28 PENISTONE STREET of £125,000 on 14th December 2018. For the value to have increased from £125,000 to £154,746 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 28 PENISTONE STREET has moved in line with the HPI for terraced houses in the North West Leicestershire local authority area.
• The December 2018 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PENISTONE STREET has not materially changed since December 2018.

How Large is 28 PENISTONE STREET?

28 PENISTONE STREET is 93m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of terraced houses houses in Ibstock, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ibstock, and where 28 PENISTONE STREET lies on this distribution: 25% of terraced houses houses are smaller than 28 PENISTONE STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

28 PENISTONE STREET: Plot and Title Map

28 PENISTONE STREET sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 28 PENISTONE 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 28 PENISTONE 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.

Where is 28 PENISTONE STREET?

28 PENISTONE STREET is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 28 on PENISTONE STREET.