4, OTTER CLOSE, IBSTOCK, LE67 6AQ - £312,500

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

4 OTTER CLOSE is a small extended detached house of 108m², built sometime from 2012 onwards. It was last sold for £312,500 in July 2024, which was around 14% below the average July 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

4 OTTER CLOSE Sold Prices

Land registry data shows three sales for 4 OTTER CLOSE 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. Two of the three 4 OTTER CLOSE sales were for below the average price, whilst one was 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
2024 9 JUL	£312,500	£362,329	14% below HPI
2018 25 MAY	£255,000	£275,379	7% below HPI
2013 11 MAR	£207,053	£203,028	2% above HPI

4 OTTER 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 three 4 OTTER CLOSE sales between March 2013 and July 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 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 OTTER CLOSE?

4 OTTER CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in December 2023. 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 4 OTTER CLOSE lies on this distribution: 40% of detached houses are smaller than 4 OTTER CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

4 OTTER CLOSE: Plot and Title Map

4 OTTER CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 4 OTTER 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 OTTER 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 OTTER CLOSE?

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