14, PIKE LANE, IBSTOCK, LE67 6AP - £218,000

14 PIKE LANE is a very small detached house of 84m². It was last sold for £218,000 in April 2019, which was around 24% below the average April 2019 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was A.

14 PIKE LANE Sold Prices

Land registry data shows two sales for 14 PIKE LANE 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 14 PIKE LANE 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
2019 5 APR	£218,000	£285,539	24% below HPI
2015 30 JAN	£186,995	£229,574	19% below HPI

14 PIKE LANE 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 14 PIKE LANE sales from January 2015 and April 2019 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 January 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 14 PIKE LANE?

14 PIKE LANE is 84m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 14 PIKE LANE lies on this distribution: 14% of detached houses are smaller than 14 PIKE LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

14 PIKE LANE: Plot and Title Map

14 PIKE LANE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 14 PIKE LANE, 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 14 PIKE LANE). 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 14 PIKE LANE?

14 PIKE LANE is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 14 on PIKE LANE.