8, WILLIAM CLOSE, IBSTOCK, LE67 6DF - £325,000

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 WILLIAM CLOSE is a small detached house of 93m². It was last sold for £325,000 in August 2022, which was around 13% below the average August 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

8 WILLIAM CLOSE Sold Prices

Land registry data shows two sales for 8 WILLIAM CLOSE 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 WILLIAM 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
2022 24 AUG	£325,000	£371,907	13% below HPI
2015 29 MAY	£212,000	£248,821	15% below HPI

8 WILLIAM 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 two 8 WILLIAM CLOSE sales from May 2015 and August 2022 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 May 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 WILLIAM CLOSE be worth now?

8 WILLIAM CLOSE might now be worth an estimated £343,298.

This is based on house price inflation of 5.6%, between August 2022 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 5.6% inflationary increase is applied to the most recent sale price for 8 WILLIAM CLOSE of £325,000 on 24th August 2022. For the value to have increased from £325,000 to £343,298 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 8 WILLIAM CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The August 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WILLIAM CLOSE has not materially changed since August 2022.

How Large is 8 WILLIAM CLOSE?

8 WILLIAM CLOSE is 93m² according to the EPC inspection conducted in May 2015. 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 WILLIAM CLOSE lies on this distribution: 24% of detached houses houses are smaller than 8 WILLIAM CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

8 WILLIAM CLOSE: Plot and Title Map

8 WILLIAM CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 WILLIAM 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 WILLIAM 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 WILLIAM CLOSE?

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