8, ARGYLE STREET, IBSTOCK, LE67 6NB - £285,000

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

8 ARGYLE STREET is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £285,000 in September 2023, which was around 24% below the average September 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

8 ARGYLE STREET Sold Prices

Land registry data shows two sales for 8 ARGYLE STREET 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 8 ARGYLE STREET 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
2023 22 SEP	£285,000	£372,576	24% below HPI
2011 8 APR	£143,500	£217,579	34% below HPI

8 ARGYLE STREET 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 8 ARGYLE STREET sales from April 2011 and September 2023 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 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 ARGYLE STREET be worth now?

8 ARGYLE STREET might now be worth an estimated £300,505.

This is based on house price inflation of 5.4%, between September 2023 and December 2024, for 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 5.4% inflationary increase is applied to the most recent sale price for 8 ARGYLE STREET of £285,000 on 22nd September 2023. For the value to have increased from £285,000 to £300,505 over the nine months to December 2024, the following assumptions must hold true:

• The value of 8 ARGYLE STREET has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The September 2023 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ARGYLE STREET has not materially changed since September 2023.

How Large is 8 ARGYLE STREET?

8 ARGYLE STREET is 69m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ibstock, and where 8 ARGYLE STREET lies on this distribution: 5% of detached houses houses are smaller than 8 ARGYLE STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

8 ARGYLE STREET: Plot and Title Map

8 ARGYLE STREET sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 8 ARGYLE STREET, 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 8 ARGYLE STREET). 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 8 ARGYLE STREET?

8 ARGYLE STREET is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 8 on ARGYLE STREET.