6, OTTER CLOSE, IBSTOCK, LE67 6AQ - £235,000

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

6 OTTER CLOSE is a very small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £235,000 in June 2021, which was around 26% below the average June 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

6 OTTER CLOSE Sold Prices

Land registry data shows two sales for 6 OTTER CLOSE 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 6 OTTER CLOSE 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
2021 4 JUN	£235,000	£317,544	26% below HPI
2013 12 APR	£162,500	£199,585	19% below HPI

6 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 two 6 OTTER CLOSE sales from April 2013 and June 2021 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 April 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 6 OTTER CLOSE?

6 OTTER CLOSE is 82m² according to the EPC inspection conducted in June 2023. 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 6 OTTER CLOSE lies on this distribution: 11% of detached houses are smaller than 6 OTTER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

6 OTTER CLOSE: Plot and Title Map

6 OTTER CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 6 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 6 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 6 OTTER CLOSE?

6 OTTER CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 6 on OTTER CLOSE.