10, MILL HILL WOOD WAY, IBSTOCK, LE67 6QB - £243,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MILL HILL WOOD WAY is a very small detached house of 87m². It was last sold for £243,000 in January 2021, which was around 25% below the average January 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was A.

10 MILL HILL WOOD WAY Sold Prices

Land registry data shows two sales for 10 MILL HILL WOOD WAY 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. Both of the two 10 MILL HILL WOOD WAY 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
2021 15 JAN	£243,000	£325,741	25% below HPI
2016 29 JAN	£169,500	£256,384	34% below HPI

10 MILL HILL WOOD WAY 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 10 MILL HILL WOOD WAY sales from January 2016 and January 2021 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 January 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 10 MILL HILL WOOD WAY be worth now?

10 MILL HILL WOOD WAY might now be worth an estimated £293,060.

This is based on house price inflation of 20.6%, between January 2021 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 10 MILL HILL WOOD WAY of £243,000 on 15th January 2021. For the value to have increased from £243,000 to £293,060 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 10 MILL HILL WOOD WAY has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The January 2021 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MILL HILL WOOD WAY has not materially changed since January 2021.

How Large is 10 MILL HILL WOOD WAY?

10 MILL HILL WOOD WAY is 87m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ibstock, and where 10 MILL HILL WOOD WAY lies on this distribution: 19% of detached houses houses are smaller than 10 MILL HILL WOOD WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

10 MILL HILL WOOD WAY: Plot and Title Map

10 MILL HILL WOOD WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 10 MILL HILL WOOD WAY, 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 10 MILL HILL WOOD WAY). 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 10 MILL HILL WOOD WAY?

10 MILL HILL WOOD WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 10 on MILL HILL WOOD WAY.