4, HOWARDS CLOSE, IBSTOCK, LE67 6DJ - £340,000

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

4 HOWARDS CLOSE is a large detached house of 126m². It was last sold for £340,000 in May 2022, which was around 6% below the average May 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was B.

4 HOWARDS CLOSE Sold Prices

Land registry data shows four sales for 4 HOWARDS CLOSE 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. One of the four 4 HOWARDS CLOSE sales was for below the average price, whilst two were for above 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
2022 23 MAY	£340,000	£360,921	6% below HPI
2021 19 FEB	£325,000	£325,027	Close to HPI
2017 31 MAY	£285,000	£272,370	5% above HPI
2016 29 APR	£275,000	£265,867	3% above HPI

4 HOWARDS 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 four 4 HOWARDS CLOSE sales between April 2016 and May 2022 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 February 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 HOWARDS CLOSE be worth now?

4 HOWARDS CLOSE might now be worth an estimated £370,074.

This is based on house price inflation of 8.8%, between May 2022 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 8.8% inflationary increase is applied to the most recent sale price for 4 HOWARDS CLOSE of £340,000 on 23rd May 2022. For the value to have increased from £340,000 to £370,074 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 4 HOWARDS CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The May 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HOWARDS CLOSE has not materially changed since May 2022.

How Large is 4 HOWARDS CLOSE?

4 HOWARDS CLOSE is 126m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% 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 4 HOWARDS CLOSE lies on this distribution: 61% of detached houses houses are smaller than 4 HOWARDS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

4 HOWARDS CLOSE: Plot and Title Map

4 HOWARDS CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 HOWARDS 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 4 HOWARDS 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 4 HOWARDS CLOSE?

4 HOWARDS CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 4 on HOWARDS CLOSE.