7, OTTER CLOSE, IBSTOCK, LE67 6AQ - £230,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 OTTER CLOSE is a very small semi-detached house of 82m². It was last sold for £230,000 in March 2022, which was around 30% below the average March 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

7 OTTER CLOSE Sold Prices

Land registry data shows three sales for 7 OTTER 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. All of the three 7 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
2022 31 MAR	£230,000	£329,976	30% below HPI
2022 25 MAR	£230,000	£329,976	30% below HPI
2012 19 NOV	£151,952	£204,068	26% below HPI

7 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 three 7 OTTER CLOSE sales between November 2012 and March 2022 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 March 2022 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2022 sale, which was also at 30% below the HPI.

How Large is 7 OTTER CLOSE?

7 OTTER CLOSE is 82m² according to the EPC inspection conducted in July 2012. 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 OTTER CLOSE lies on this distribution: 12% of detached houses are smaller than 7 OTTER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

7 OTTER CLOSE: Plot and Title Map

7 OTTER CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 7 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 7 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 7 OTTER CLOSE?

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