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

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

2 MILL CLOSE is a large extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £535,000 in June 2021, which was around 56% 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	£344,034	56% above HPI
2018 6 JUL	£405,000	£301,768	34% above HPI
2013 13 SEP	£360,000	£220,165	64% above HPI
2002 25 OCT	£85,000	£159,214	47% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

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 in Stapleton, based on EPC data. The below chart shows the distribution of detached houses by size in Stapleton, and where 2 MILL CLOSE lies on this distribution: 74% of detached 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.