7, CHESTNUT CLOSE, IBSTOCK, LE67 6HR - £375,000

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

7 CHESTNUT CLOSE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £375,000 in July 2024, which was around 3% above the average July 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was A, and the potential energy rating was A.

7 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 7 CHESTNUT 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. One of the three 7 CHESTNUT CLOSE sales was for above the average price, whilst two 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
2024 15 JUL	£375,000	£362,329	3% above HPI
2019 15 NOV	£247,000	£292,707	16% below HPI
1998 27 OCT	£79,950	£85,908	7% below HPI

7 CHESTNUT 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 7 CHESTNUT CLOSE sales between October 1998 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 November 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is 85m² according to the EPC inspection conducted in January 2019. 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 7 CHESTNUT CLOSE lies on this distribution: 17% of detached houses are smaller than 7 CHESTNUT CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

7 CHESTNUT CLOSE: Plot and Title Map

7 CHESTNUT CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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 7 CHESTNUT CLOSE?

7 CHESTNUT CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 7 on CHESTNUT CLOSE.