2, MILL CLOSE, STAPLETON, LEICESTER, LE9 8JU - £535,000

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

2 MILL CLOSE is a large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £624,695. It was last sold for £535,000 in June 2021, which was around 64% above the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

2 MILL CLOSE Sold Prices

Land registry data shows four sales for 2 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 2 MILL CLOSE sales were 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
2021 11 JUN	£535,000	£326,983	64% above HPI
2018 6 JUL	£405,000	£286,812	41% above HPI
2013 13 SEP	£360,000	£209,254	72% above HPI
2002 25 OCT	£85,000	£151,323	44% below HPI

2 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 2 MILL CLOSE sales between October 2002 and June 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 July 2018 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2021 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 2 MILL CLOSE be worth now?

2 MILL CLOSE might now be worth an estimated £624,695.

This is based on house price inflation of 16.8%, between June 2021 and December 2024, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 2 MILL CLOSE of £535,000 on 11th June 2021. For the value to have increased from £535,000 to £624,695 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 2 MILL CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2021 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL CLOSE has not materially changed since June 2021.

How Large is 2 MILL CLOSE?

2 MILL CLOSE is 163m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses houses in Stapleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stapleton, and where 2 MILL CLOSE lies on this distribution: 74% of detached houses houses are smaller than 2 MILL CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Stapleton.

2 MILL CLOSE: Plot and Title Map

2 MILL CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 2 MILL 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 2 MILL 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 2 MILL CLOSE?

2 MILL CLOSE is located in STAPLETON, in the LE9 postcode district. The below map shows the position of No. 2 on MILL CLOSE.