3, MILL CLOSE, SMEETON WESTERBY, LEICESTER, LE8 0QN - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MILL CLOSE is a very small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2018, which was around 11% below the average June 2018 detached price in the Harborough local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

3 MILL CLOSE Sold Prices

Land registry data shows two sales for 3 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. One of the two 3 MILL CLOSE sales was for below 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
2018 15 JUN	£350,000	£394,376	11% below HPI
2013 2 MAY	£292,000	£283,102	3% above HPI

3 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 3 MILL CLOSE sales from May 2013 and June 2018 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 May 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 MILL CLOSE?

3 MILL CLOSE is 97m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of detached houses in Smeeton Westerby, based on EPC data. The below chart shows the distribution of detached houses by size in Smeeton Westerby, and where 3 MILL CLOSE lies on this distribution: 8% of detached houses are smaller than 3 MILL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Smeeton Westerby.

3 MILL CLOSE: Plot and Title Map

3 MILL CLOSE sits on a plot of roughly 0.140 of an acre, or 566m². 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 SMEETON WESTERBY, in the LE8 postcode district. The below map shows the position of No. 3 on MILL CLOSE.