7, ELM CLOSE, IBSTOCK, LE67 6JY - £116,200

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 ELM CLOSE is a very small semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £205,800. It was last sold for £116,200 in June 2010, which was around 15% below the average June 2010 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

7 ELM CLOSE Sold Prices

Land registry data shows two sales for 7 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 7 ELM 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
2010 23 JUN	£116,200	£137,257	15% below HPI
2002 17 MAY	£76,950	£78,865	2% below HPI

7 ELM CLOSE 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 two 7 ELM CLOSE sales from May 2002 and June 2010 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 ELM CLOSE be worth now?

7 ELM CLOSE might now be worth an estimated £205,800.

This is based on house price inflation of 77.1%, between June 2010 and December 2024, 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 77.1% inflationary increase is applied to the most recent sale price for 7 ELM CLOSE of £116,200 on 23rd June 2010. For the value to have increased from £116,200 to £205,800 over the thirteen years and six months to December 2024, the following assumptions must hold true:

• The value of 7 ELM CLOSE has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The June 2010 sale price of £116,200 represented a fair market value for the property.
• The size, condition, and specification of 7 ELM CLOSE has not materially changed since June 2010.

How Large is 7 ELM CLOSE?

7 ELM CLOSE is 85m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of semi-detached houses houses in Ibstock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ibstock, and where 7 ELM CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 7 ELM CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

7 ELM CLOSE: Plot and Title Map

7 ELM CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 7 ELM 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 ELM 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 ELM CLOSE?

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