245, MELBOURNE ROAD, IBSTOCK, LE67 6NS - £245,000

245 MELBOURNE ROAD is a large extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £245,000 in March 2007, which was around 11% above the average March 2007 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

245 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 245 MELBOURNE ROAD 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. One of the two 245 MELBOURNE ROAD sales was for above the average price, whilst the other was 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
2007 19 MAR	£245,000	£220,280	11% above HPI
1995 14 MAR	£65,000	£73,839	12% below HPI

245 MELBOURNE ROAD 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 245 MELBOURNE ROAD sales from March 1995 and March 2007 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 March 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2007 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 245 MELBOURNE ROAD?

245 MELBOURNE ROAD is 126m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 245 MELBOURNE ROAD lies on this distribution: 61% of detached houses are smaller than 245 MELBOURNE ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

245 MELBOURNE ROAD: Plot and Title Map

245 MELBOURNE ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 245 MELBOURNE 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 245 MELBOURNE 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 245 MELBOURNE ROAD?

245 MELBOURNE ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 245 on MELBOURNE ROAD.