2A, CENTRAL AVENUE, IBSTOCK, LE67 6NE - £240,000

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

2A CENTRAL AVENUE is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £240,000 in September 2024, which was around 37% below the average September 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2A CENTRAL AVENUE Sold Prices

Land registry data shows three sales for 2A CENTRAL AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 2A CENTRAL AVENUE 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
2024 27 SEP	£240,000	£381,885	37% below HPI
2009 19 JUN	£143,000	£212,102	33% below HPI
2001 16 NOV	£50,000	£125,915	60% below HPI

2A CENTRAL AVENUE 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 three 2A CENTRAL AVENUE sales between November 2001 and September 2024 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 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2A CENTRAL AVENUE be worth now?

2A CENTRAL AVENUE might now be worth an estimated £246,889.

This is based on house price inflation of 2.9%, between September 2024 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 2.9% inflationary increase is applied to the most recent sale price for 2A CENTRAL AVENUE of £240,000 on 27th September 2024. For the value to have increased from £240,000 to £246,889 over the nine months to December 2024, the following assumptions must hold true:

• The value of 2A CENTRAL AVENUE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The September 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2A CENTRAL AVENUE has not materially changed since September 2024.

How Large is 2A CENTRAL AVENUE?

2A CENTRAL AVENUE is 93m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 30% 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 2A CENTRAL AVENUE lies on this distribution: 24% of detached houses houses are smaller than 2A CENTRAL AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

2A CENTRAL AVENUE: Plot and Title Map

2A CENTRAL AVENUE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 2A CENTRAL AVENUE, 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 2A CENTRAL AVENUE). 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 2A CENTRAL AVENUE?

2A CENTRAL AVENUE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 2A on CENTRAL AVENUE.