9, VALLEY ROAD, IBSTOCK, LE67 6NY - £140,000

9 VALLEY ROAD is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £140,000 in November 2013, which was around 34% below the average November 2013 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

9 VALLEY ROAD Sold Prices

Land registry data shows three sales for 9 VALLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 9 VALLEY 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
2013 1 NOV	£140,000	£212,260	34% below HPI
2012 10 OCT	£95,000	£201,545	53% below HPI
1996 26 JUL	£46,000	£72,706	37% below HPI

9 VALLEY 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 three 9 VALLEY ROAD sales between July 1996 and November 2013 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 October 2012 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2013 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 9 VALLEY ROAD?

9 VALLEY ROAD is 58m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 9 VALLEY ROAD lies on this distribution: 2% of detached houses are smaller than 9 VALLEY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

9 VALLEY ROAD: Plot and Title Map

9 VALLEY ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 9 VALLEY 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 9 VALLEY 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 9 VALLEY ROAD?

9 VALLEY ROAD is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 9 on VALLEY ROAD.