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
8 DRYER CLOSE is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £360,000 in November 2023, which was around 4% above the average November 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 DRYER CLOSE since 1st 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. The three 8 DRYER CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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 17 NOV | £360,000 | £347,595 | 4% above HPI |
2021 30 SEP | £315,000 | £316,426 | Close to HPI |
2002 24 APR | £113,000 | £126,879 | 11% below HPI |
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 8 DRYER CLOSE sales between April 2002 and November 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 September 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
8 DRYER CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 8 DRYER CLOSE lies on this distribution: 28% of detached houses are smaller than 8 DRYER CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ibstock.
8 DRYER CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 DRYER 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 8 DRYER 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.
8 DRYER CLOSE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 8 on DRYER CLOSE.