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 STREET is a midsized extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £475,000 in May 2024, which was around 34% above the average May 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 MILL STREET since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 3 MILL STREET 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 |
---|---|---|---|
2024 10 MAY | £475,000 | £353,485 | 34% above HPI |
2017 30 JUN | £327,000 | £259,104 | 26% above HPI |
2017 24 FEB | £325,000 | £260,411 | 25% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 3 MILL STREET sales between February 2017 and May 2024 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 June 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2024 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
3 MILL STREET is 141m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses in Packington, based on EPC data. The below chart shows the distribution of detached houses by size in Packington, and where 3 MILL STREET lies on this distribution: 49% of detached houses are smaller than 3 MILL STREET, and 51% of houses are larger. Note that EPC data is not available for all properties in Packington.
3 MILL STREET sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 3 MILL STREET, 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 STREET). 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.
3 MILL STREET is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 3 on MILL STREET.