29, CEDAR DRIVE, IBSTOCK, LE67 6HX - £120,000

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

29 CEDAR DRIVE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £120,000 in June 2005, which was around 47% below the average June 2005 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

29 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 29 CEDAR 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 29 CEDAR 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
2005 30 JUN	£120,000	£227,283	47% below HPI
2001 14 DEC	£57,000	£128,158	56% below HPI

29 CEDAR 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 29 CEDAR DRIVE sales from December 2001 and June 2005 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 2001 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2005 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 29 CEDAR DRIVE be worth now?

29 CEDAR DRIVE might now be worth an estimated £207,413.

This is based on house price inflation of 72.8%, between June 2005 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 72.8% inflationary increase is applied to the most recent sale price for 29 CEDAR DRIVE of £120,000 on 30th June 2005. For the value to have increased from £120,000 to £207,413 over the eighteen years and six months to December 2024, the following assumptions must hold true:

• The value of 29 CEDAR DRIVE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The June 2005 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 29 CEDAR DRIVE has not materially changed since June 2005.

How Large is 29 CEDAR DRIVE?

29 CEDAR DRIVE is 66m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% 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 29 CEDAR DRIVE lies on this distribution: 5% of detached houses houses are smaller than 29 CEDAR DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

29 CEDAR DRIVE: Plot and Title Map

29 CEDAR DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 29 CEDAR 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 29 CEDAR 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 29 CEDAR DRIVE?

29 CEDAR DRIVE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 29 on CEDAR DRIVE.