3, MILL STREET, PACKINGTON, ASHBY-DE-LA-ZOUCH, LE65 1WN - £475,000

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 STREET is a midsized extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £525,634. It was last sold for £475,000 in May 2024, which was around 32% 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.

3 MILL STREET Sold Prices

Land registry data shows three sales for 3 MILL STREET since 1^st 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	£359,114	32% above HPI
2017 30 JUN	£327,000	£274,763	19% above HPI
2017 24 FEB	£325,000	£276,150	18% above HPI

3 MILL STREET Price Paid vs. HPI Average

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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2024 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 3 MILL STREET be worth now?

3 MILL STREET might now be worth an estimated £525,634.

This is based on house price inflation of 10.7%, between May 2024 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.7% inflationary increase is applied to the most recent sale price for 3 MILL STREET of £475,000 on 10th May 2024. For the value to have increased from £475,000 to £525,634 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 3 MILL STREET has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The May 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL STREET has not materially changed since May 2024.

How Large is 3 MILL STREET?

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 houses in Packington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Packington, and where 3 MILL STREET lies on this distribution: 50% of detached houses houses are smaller than 3 MILL STREET, and 50% of houses are larger. Note that EPC data is not available for all properties in Packington.

3 MILL STREET: Plot and Title Map

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.

Where is 3 MILL STREET?

3 MILL STREET is located in PACKINGTON, in the LE65 postcode district. The below map shows the position of No. 3 on MILL STREET.