40, IBSTOCK ROAD, RAVENSTONE, COALVILLE, LE67 2AL - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 IBSTOCK ROAD is a large extended semi-detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £406,981. It was last sold for £295,000 in April 2018, which was around 66% above the average April 2018 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

40 IBSTOCK ROAD Sold Prices

Land registry data shows three sales for 40 IBSTOCK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. Two of the three 40 IBSTOCK ROAD sales were for above the average price, whilst one was 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
2018 18 APR	£295,000	£177,689	66% above HPI
1998 27 NOV	£56,000	£53,987	4% above HPI
1996 5 JUL	£42,950	£45,700	6% below HPI

40 IBSTOCK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 40 IBSTOCK ROAD sales between July 1996 and April 2018 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 November 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2018 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 40 IBSTOCK ROAD be worth now?

40 IBSTOCK ROAD might now be worth an estimated £406,981.

This is based on house price inflation of 38%, between April 2018 and February 2025, for semi-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 38% inflationary increase is applied to the most recent sale price for 40 IBSTOCK ROAD of £295,000 on 18th April 2018. For the value to have increased from £295,000 to £406,981 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 40 IBSTOCK ROAD has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The April 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 40 IBSTOCK ROAD has not materially changed since April 2018.

How Large is 40 IBSTOCK ROAD?

40 IBSTOCK ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of semi-detached houses houses in Ravenstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ravenstone, and where 40 IBSTOCK ROAD lies on this distribution: 63% of semi-detached houses houses are smaller than 40 IBSTOCK ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

40 IBSTOCK ROAD: Plot and Title Map

40 IBSTOCK ROAD sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 40 IBSTOCK 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 40 IBSTOCK 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 40 IBSTOCK ROAD?

40 IBSTOCK ROAD is located in RAVENSTONE, in the LE67 postcode district. The below map shows the position of No. 40 on IBSTOCK ROAD.