51, MILL HILL WOOD WAY, IBSTOCK, LE67 6QD - £220,000

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

51 MILL HILL WOOD WAY is a very small detached house of 87m². It was last sold for £220,000 in December 2020, which was around 28% below the average December 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

51 MILL HILL WOOD WAY Sold Prices

Land registry data shows two sales for 51 MILL HILL WOOD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 51 MILL HILL WOOD WAY sales were for below 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
2020 4 DEC	£220,000	£307,327	28% below HPI
2016 2 SEP	£195,995	£250,571	22% below HPI

51 MILL HILL WOOD WAY 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 two 51 MILL HILL WOOD WAY sales from September 2016 and December 2020 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 September 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 51 MILL HILL WOOD WAY?

51 MILL HILL WOOD WAY is 87m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 51 MILL HILL WOOD WAY lies on this distribution: 18% of detached houses are smaller than 51 MILL HILL WOOD WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

51 MILL HILL WOOD WAY: Plot and Title Map

51 MILL HILL WOOD WAY sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 51 MILL HILL WOOD WAY, 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 51 MILL HILL WOOD WAY). 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 51 MILL HILL WOOD WAY?

51 MILL HILL WOOD WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 51 on MILL HILL WOOD WAY.