3, WINDMILL CLOSE, MOUNTSORREL, LOUGHBOROUGH, LE12 7HR - £242,000

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 WINDMILL CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £358,782. It was last sold for £242,000 in May 2016, which was around 14% below the average May 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

3 WINDMILL CLOSE Sold Prices

Land registry data shows three sales for 3 WINDMILL 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. Two of the three 3 WINDMILL CLOSE sales were for below the average price, whilst one 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
2016 31 MAY	£242,000	£280,743	14% below HPI
2006 21 NOV	£250,000	£241,992	3% above HPI
2005 14 JAN	£218,500	£230,137	5% below HPI

3 WINDMILL 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 WINDMILL CLOSE sales between January 2005 and May 2016 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 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 WINDMILL CLOSE be worth now?

3 WINDMILL CLOSE might now be worth an estimated £358,782.

This is based on house price inflation of 48.3%, between May 2016 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.3% inflationary increase is applied to the most recent sale price for 3 WINDMILL CLOSE of £242,000 on 31st May 2016. For the value to have increased from £242,000 to £358,782 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 3 WINDMILL CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2016 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WINDMILL CLOSE has not materially changed since May 2016.

How Large is 3 WINDMILL CLOSE?

3 WINDMILL CLOSE is 80m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses houses in Mountsorrel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mountsorrel, and where 3 WINDMILL CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 WINDMILL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mountsorrel.

3 WINDMILL CLOSE: Plot and Title Map

3 WINDMILL CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 WINDMILL 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 WINDMILL 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 WINDMILL CLOSE?

3 WINDMILL CLOSE is located in MOUNTSORREL, in the LE12 postcode district. The below map shows the position of No. 3 on WINDMILL CLOSE.