3, MILL CLOSE, STAPLETON, LEICESTER, LE9 8JU - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MILL CLOSE is a large detached house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £595,588. It was last sold for £350,000 in October 2014, which was around 56% above the average October 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2010, 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 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
2014 30 OCT	£350,000	£223,924	56% above HPI
2004 23 FEB	£325,000	£175,201	86% above HPI

3 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 two 3 MILL CLOSE sales from February 2004 and October 2014 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 February 2004 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the October 2014 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 3 MILL CLOSE be worth now?

3 MILL CLOSE might now be worth an estimated £595,588.

This is based on house price inflation of 70.2%, between October 2014 and February 2025, 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 70.2% inflationary increase is applied to the most recent sale price for 3 MILL CLOSE of £350,000 on 30th October 2014. For the value to have increased from £350,000 to £595,588 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 MILL CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The October 2014 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL CLOSE has not materially changed since October 2014.

How Large is 3 MILL CLOSE?

3 MILL CLOSE is 140m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% 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 3 MILL CLOSE lies on this distribution: 69% of detached houses houses are smaller than 3 MILL CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Stapleton.

3 MILL CLOSE: Plot and Title Map

3 MILL CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². 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 STAPLETON, in the LE9 postcode district. The below map shows the position of No. 3 on MILL CLOSE.