3, COSTELLO CLOSE, IBSTOCK, LE67 6RB - £330,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 COSTELLO CLOSE is a large extended detached house of 134m², built sometime between 1991 and 1995. It was last sold for £330,000 in June 2024, which was around 12% below the average June 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

3 COSTELLO CLOSE Sold Prices

Land registry data shows two sales for 3 COSTELLO CLOSE 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 3 COSTELLO CLOSE 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 7 JUN	£330,000	£375,244	12% below HPI
2014 5 SEP	£170,000	£230,981	26% below HPI

3 COSTELLO CLOSE 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 3 COSTELLO CLOSE sales from September 2014 and June 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 September 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 COSTELLO CLOSE?

3 COSTELLO CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 3 COSTELLO CLOSE lies on this distribution: 70% of detached houses are smaller than 3 COSTELLO CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

3 COSTELLO CLOSE: Plot and Title Map

3 COSTELLO CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 COSTELLO CLOSE, 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 3 COSTELLO CLOSE). 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 3 COSTELLO CLOSE?

3 COSTELLO CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 3 on COSTELLO CLOSE.