36, MELBOURNE ROAD, IBSTOCK, LE67 6JS - £183,500

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

36 MELBOURNE ROAD is a small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £183,500 in August 2015, which was around 22% below the average August 2015 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

36 MELBOURNE ROAD Sold Prices

Land registry data shows four sales for 36 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the four 36 MELBOURNE ROAD 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
2015 26 AUG	£183,500	£235,501	22% below HPI
2005 2 DEC	£189,000	£211,455	11% below HPI
2004 22 OCT	£180,000	£200,490	10% below HPI
2002 18 JAN	£122,300	£121,080	1% above HPI

36 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 four 36 MELBOURNE ROAD sales between January 2002 and August 2015 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 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 36 MELBOURNE ROAD?

36 MELBOURNE ROAD is 107m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 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 36 MELBOURNE ROAD lies on this distribution: 39% of detached houses are smaller than 36 MELBOURNE ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

36 MELBOURNE ROAD: Plot and Title Map

36 MELBOURNE ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 36 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 36 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 36 MELBOURNE ROAD?

36 MELBOURNE ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 36 on MELBOURNE ROAD.