8, PENISTONE STREET, IBSTOCK, LE67 6NU - £195,000

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 PENISTONE STREET is a large extended detached house of 132m², built sometime between 1900 and 1929. It was last sold for £195,000 in February 2018, which was around 33% below the average February 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was C.

8 PENISTONE STREET Sold Prices

Land registry data shows two sales for 8 PENISTONE 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 PENISTONE 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
2018 2 FEB	£195,000	£291,934	33% below HPI
2001 27 JUN	£55,000	£119,233	54% below HPI

8 PENISTONE 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 PENISTONE STREET sales from June 2001 and February 2018 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 June 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 PENISTONE STREET be worth now?

8 PENISTONE STREET might now be worth an estimated £262,405.

This is based on house price inflation of 34.6%, between February 2018 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 34.6% inflationary increase is applied to the most recent sale price for 8 PENISTONE STREET of £195,000 on 2nd February 2018. For the value to have increased from £195,000 to £262,405 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 8 PENISTONE STREET has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENISTONE STREET has not materially changed since February 2018.

How Large is 8 PENISTONE STREET?

8 PENISTONE STREET is 132m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 PENISTONE STREET lies on this distribution: 69% of detached houses houses are smaller than 8 PENISTONE STREET, and 31% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

8 PENISTONE STREET: Plot and Title Map

8 PENISTONE STREET sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 PENISTONE 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 PENISTONE 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 PENISTONE STREET?

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