42, ORCHARD STREET, IBSTOCK, LE67 6LL - £187,000

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

42 ORCHARD STREET is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £187,000 in August 2017, which was around 29% below the average August 2017 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

42 ORCHARD STREET Sold Prices

Land registry data shows two sales for 42 ORCHARD STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 42 ORCHARD STREET 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
2017 7 AUG	£187,000	£263,454	29% below HPI
2000 7 JUL	£75,000	£101,273	26% below HPI

42 ORCHARD STREET 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 two 42 ORCHARD STREET sales from July 2000 and August 2017 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 July 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 42 ORCHARD STREET?

42 ORCHARD STREET is 82m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 42 ORCHARD STREET lies on this distribution: 11% of detached houses are smaller than 42 ORCHARD STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

42 ORCHARD STREET: Plot and Title Map

42 ORCHARD STREET sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 42 ORCHARD STREET, 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 42 ORCHARD STREET). 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 42 ORCHARD STREET?

42 ORCHARD STREET is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 42 on ORCHARD STREET.