121, MILL HILL WOOD WAY, IBSTOCK, LE67 6QD - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

121 MILL HILL WOOD WAY is a large detached house of 127m². It was last sold for £345,000 in May 2023, which was about the average May 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

121 MILL HILL WOOD WAY Sold Prices

Land registry data shows two sales for 121 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. One of the two 121 MILL HILL WOOD WAY sales was roughly equal to the average price, whilst the other was for above 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
2023 19 MAY	£345,000	£343,573	Close to HPI
2016 1 APR	£266,995	£250,714	6% above HPI

121 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 121 MILL HILL WOOD WAY sales from April 2016 and May 2023 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 April 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 121 MILL HILL WOOD WAY?

121 MILL HILL WOOD WAY is 127m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 121 MILL HILL WOOD WAY lies on this distribution: 62% of detached houses are smaller than 121 MILL HILL WOOD WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

121 MILL HILL WOOD WAY: Plot and Title Map

121 MILL HILL WOOD WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 121 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 121 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 121 MILL HILL WOOD WAY?

121 MILL HILL WOOD WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 121 on MILL HILL WOOD WAY.