1, MILLERS CLOSE, GLENFIELD, LEICESTER, LE3 8QD - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MILLERS CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £334,121. It was last sold for £240,000 in July 2017, which was around 14% below the average July 2017 detached price in the Blaby local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

1 MILLERS CLOSE Sold Prices

Land registry data shows two sales for 1 MILLERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 1 MILLERS CLOSE 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
2017 28 JUL	£240,000	£280,320	14% below HPI
2015 7 SEP	£210,000	£251,869	17% below HPI

1 MILLERS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 1 MILLERS CLOSE sales from September 2015 and July 2017 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 September 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 MILLERS CLOSE be worth now?

1 MILLERS CLOSE might now be worth an estimated £334,121.

This is based on house price inflation of 39.2%, between July 2017 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.2% inflationary increase is applied to the most recent sale price for 1 MILLERS CLOSE of £240,000 on 28th July 2017. For the value to have increased from £240,000 to £334,121 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 1 MILLERS CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLERS CLOSE has not materially changed since July 2017.

How Large is 1 MILLERS CLOSE?

1 MILLERS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 1 MILLERS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 1 MILLERS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 MILLERS CLOSE: Plot and Title Map

1 MILLERS CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 MILLERS CLOSE, 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 1 MILLERS CLOSE). 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 1 MILLERS CLOSE?

1 MILLERS CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 1 on MILLERS CLOSE.