Sorry, never heard of it.
But see it's listed as 'Ye Ibbets', 'The Ibbets', and 'Above the Ibbets'.
Is mentioned on these two sites.
(Sorry had a quick scan, but too much to read through right now.)
'Ibbet- son (but not from Inclination) together with Harry Baynes, ...... B. Haslewood, Vicar of Oswaldtwistle, and son of the later Rector of Ribchester, ...'
Full text of "The antiquary"
'fSir Henry John Selwin-Ibbet- son, Bart. (C.) 4659 Edward Broiighton ...... Church, Clayton- le-Moors, Ha^ton, Huncoat, Oswaldtwistle, and Ruhton.;
Full text of "Debrett's House of Commons"
Hopefully someone might know, and will be able to offer you better information.