3, MILL CLOSE, BIRSTALL, LEICESTER, LE4 4EN - £418,000

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

3 MILL CLOSE is a very large extended detached house of 195m², built sometime between 1983 and 1990. It was last sold for £418,000 in June 2015, which was around 55% above the average June 2015 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

3 MILL CLOSE Sold Prices

Land registry data shows three sales for 3 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 3 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
2015 12 JUN	£418,000	£270,019	55% above HPI
2001 29 NOV	£310,000	£136,908	126% above HPI
1998 26 AUG	£232,000	£95,963	142% above HPI

3 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 3 MILL CLOSE sales between August 1998 and June 2015 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 November 2001 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the June 2015 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 3 MILL CLOSE?

3 MILL CLOSE is 195m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Birstall, based on EPC data. The below chart shows the distribution of detached houses by size in Birstall, and where 3 MILL CLOSE lies on this distribution: 94% of detached houses are smaller than 3 MILL CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Birstall.

3 MILL CLOSE: Plot and Title Map

3 MILL CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 3 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 3 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 3 MILL CLOSE?

3 MILL CLOSE is located in BIRSTALL, in the LE4 postcode district. The below map shows the position of No. 3 on MILL CLOSE.