8, DRYER CLOSE, IBSTOCK, LE67 6RG - £360,000

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 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 3% below 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.

8 DRYER CLOSE Sold Prices

Land registry data shows three sales for 8 DRYER 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 8 DRYER 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
2023 17 NOV	£360,000	£369,559	3% below HPI
2021 30 SEP	£315,000	£335,550	6% below HPI
2002 24 APR	£113,000	£134,548	16% below HPI

8 DRYER 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 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 was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 DRYER CLOSE be worth now?

8 DRYER CLOSE might now be worth an estimated £382,685.

This is based on house price inflation of 6.3%, between November 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 6.3% inflationary increase is applied to the most recent sale price for 8 DRYER CLOSE of £360,000 on 17th November 2023. For the value to have increased from £360,000 to £382,685 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 8 DRYER CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The November 2023 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DRYER CLOSE has not materially changed since November 2023.

How Large is 8 DRYER CLOSE?

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 houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ibstock, and where 8 DRYER CLOSE lies on this distribution: 28% of detached houses houses are smaller than 8 DRYER CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

8 DRYER CLOSE: Plot and Title Map

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.

Where is 8 DRYER CLOSE?

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