3, FLATTS CLOSE, IBSTOCK, LE67 6PJ - £250,000

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

3 FLATTS CLOSE is a midsized extended detached house of 114m², built sometime between 2003 and 2006. It was last sold for £250,000 in August 2016, which was around 4% below the average August 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 FLATTS CLOSE Sold Prices

Land registry data shows two sales for 3 FLATTS 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 FLATTS 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
2016 19 AUG	£250,000	£261,666	4% below HPI
2002 19 DEC	£149,950	£163,391	8% below HPI

3 FLATTS 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 FLATTS CLOSE sales from December 2002 and August 2016 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 FLATTS CLOSE be worth now?

3 FLATTS CLOSE might now be worth an estimated £375,332.

This is based on house price inflation of 50.1%, between August 2016 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 50.1% inflationary increase is applied to the most recent sale price for 3 FLATTS CLOSE of £250,000 on 19th August 2016. For the value to have increased from £250,000 to £375,332 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 FLATTS CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FLATTS CLOSE has not materially changed since August 2016.

How Large is 3 FLATTS CLOSE?

3 FLATTS CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% 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 3 FLATTS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 3 FLATTS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

3 FLATTS CLOSE: Plot and Title Map

3 FLATTS CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 3 FLATTS 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 FLATTS 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 FLATTS CLOSE?

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