40, Melbourne Road
40, Melbourne Road
Description & Estimates
According to the public record, 40, Melbourne Road, Ibstock is a modern freehold house with 1,560 ft2 of internal area and sits on a 365 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Melbourne Road, Ibstock is £322,698 and the estimated rental value is £1,322 per month.
Melbourne Road, Coleorton, Ibstock, LE67 is located in the borough of North West Leicestershire within the LE67 postal district.
Our Data Sources
40, Melbourne Road, Ibstock has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated February 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Melbourne Road, Ibstock is in very good condition we estimate a sale value of £338,833 and a rental value of £1,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,109 and a rental value of £1,230 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Melbourne Road, Ibstock has decreased by £28 (0.0%), while its estimated rental value has grown by £47 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 40, Melbourne Road, Ibstock sits on a plot of 365 m2.
We have plot size data on 27 out of 35 other houses in the postcode and 40, Melbourne Road, Ibstock sits on the 9th largest plot.
Energy Efficiency
40, Melbourne Road, Ibstock has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 40, Melbourne Road, Ibstock was last sold on 18th December 2020 for £292,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has risen by 6.4%.
- Sold Dec 2020£292,000
- Sold Feb 2006£179,000
- Sold Jan 2002£110,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Melbourne Road, Ibstock within a radius of 700 metres over the last 2 years.
The most recent example is 34, Melbourne Road, Ibstock, LE67 6JS, a freehold house which sold for £385,000 on the 21st November 2025.
Read more about house prices in LE67.
- Sold Nov 2025£385,000 | 4 Bed House34, Melbourne Road, Ibstock, LE67 6JS34, Melbourne Road, Ibstock, LE67 6JS
- Sold Jun 2024£247,000 | 4 Bed House29, Melbourne Road, Ibstock, LE67 6JS29, Melbourne Road, Ibstock, LE67 6JS
- Sold Oct 2021£376,000 | 4 Bed House11, Lewis Close, Ibstock, LE67 6QH11, Lewis Close, Ibstock, LE67 6QH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Melbourne Road, Coleorton, Ibstock, LE67 has a total of 249 addresses. According to our analysis of all the public data, 40, Melbourne Road, Ibstock is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in LE67.
More reading links
Schools Nearby
- 400mSt Denys Church of England Infant School, Ibstock
- 400mIbstock Junior School
- 1.7kmHeather Primary School
- 500mIbstock School
- 4.3kmThe Newbridge School
- 6.7kmThe Market Bosworth School
More reading links
Public Transport Nearby
The closest station to 40, Melbourne Road, Ibstock is Polesworth station, which is 15.4 kilometres away.
- 15.4kmPolesworth
- 15.6kmAtherstone
- 16.9kmHinckley (Leics)
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
