73, MELBOURNE ROAD, IBSTOCK, LE67 6NN - £350,000

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

73 MELBOURNE ROAD is a very large extended detached house of 355m², built sometime before 1900. It was last sold for £350,000 in March 2019, which was around 23% above the average March 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

73 MELBOURNE ROAD Sold Prices

Land registry data shows three sales for 73 MELBOURNE ROAD 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 73 MELBOURNE ROAD sales were for above 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
2019 22 MAR	£350,000	£283,935	23% above HPI
2011 22 FEB	£245,000	£210,547	16% above HPI
1997 10 APR	£225,000	£76,573	194% above HPI

73 MELBOURNE ROAD 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 73 MELBOURNE ROAD sales between April 1997 and March 2019 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 February 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 73 MELBOURNE ROAD?

73 MELBOURNE ROAD is 355m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 10% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 73 MELBOURNE ROAD lies on this distribution: More than 99% of detached houses are smaller than 73 MELBOURNE ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

73 MELBOURNE ROAD: Plot and Title Map

73 MELBOURNE ROAD sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 73 MELBOURNE ROAD, 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 73 MELBOURNE ROAD). 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 73 MELBOURNE ROAD?

73 MELBOURNE ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 73 on MELBOURNE ROAD.