8, IBSTOCK ROAD, RAVENSTONE, COALVILLE, LE67 2AL - £118,500

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 IBSTOCK ROAD is a very small extended semi-detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £176,496. It was last sold for £118,500 in April 2016, which was around 28% below the average April 2016 semi-detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

8 IBSTOCK ROAD Sold Prices

Land registry data shows two sales for 8 IBSTOCK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 8 IBSTOCK ROAD 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
2016 1 APR	£118,500	£164,587	28% below HPI
2003 11 APR	£82,000	£100,642	19% below HPI

8 IBSTOCK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 8 IBSTOCK ROAD sales from April 2003 and April 2016 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 IBSTOCK ROAD be worth now?

8 IBSTOCK ROAD might now be worth an estimated £176,496.

This is based on house price inflation of 48.9%, between April 2016 and February 2025, for semi-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 48.9% inflationary increase is applied to the most recent sale price for 8 IBSTOCK ROAD of £118,500 on 1st April 2016. For the value to have increased from £118,500 to £176,496 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 8 IBSTOCK ROAD has moved in line with the HPI for semi-detached houses in the North West Leicestershire local authority area.
• The April 2016 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 8 IBSTOCK ROAD has not materially changed since April 2016.

How Large is 8 IBSTOCK ROAD?

8 IBSTOCK ROAD is 88m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of semi-detached houses houses in Ravenstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ravenstone, and where 8 IBSTOCK ROAD lies on this distribution: 9% of semi-detached houses houses are smaller than 8 IBSTOCK ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Ravenstone.

8 IBSTOCK ROAD: Plot and Title Map

8 IBSTOCK ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 IBSTOCK 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 8 IBSTOCK 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 8 IBSTOCK ROAD?

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