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

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

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 44% 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	£214,329	44% below HPI
2001 14 DEC	£57,000	£120,854	53% 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 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2005 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

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 in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 29 CEDAR DRIVE lies on this distribution: 4% of detached 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.