34, MELBOURNE ROAD, IBSTOCK, LE67 6JS - £360,000

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

34 MELBOURNE ROAD is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £360,000 in May 2024, which was around 2% above the average May 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

34 MELBOURNE ROAD Sold Prices

Land registry data shows three sales for 34 MELBOURNE ROAD 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. One of the three 34 MELBOURNE ROAD sales was for above the average price, whilst two 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 30 MAY	£360,000	£353,485	2% above HPI
2002 17 MAY	£104,000	£128,032	19% below HPI
1997 17 JAN	£54,000	£76,024	29% below HPI

34 MELBOURNE ROAD 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 34 MELBOURNE ROAD sales between January 1997 and May 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 May 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 34 MELBOURNE ROAD?

34 MELBOURNE ROAD is 137m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 34 MELBOURNE ROAD lies on this distribution: 73% of detached houses are smaller than 34 MELBOURNE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

34 MELBOURNE ROAD: Plot and Title Map

34 MELBOURNE ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 34 MELBOURNE ROAD, 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 34 MELBOURNE ROAD). 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 34 MELBOURNE ROAD?

34 MELBOURNE ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 34 on MELBOURNE ROAD.