MILLSTONES, CHURCH HILL, WOLVEY, HINCKLEY, LE10 3JD - £365,000

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.

MILLSTONES is a midsized detached house of 138m², built sometime from 2007 onwards, which could now be worth an estimated £475,528. It was last sold for £365,000 in March 2019, which was about the average March 2019 detached price in the Rugby local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

MILLSTONES Sold Prices

Land registry data shows three sales for MILLSTONES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. The three MILLSTONES sales were a mix of roughly equal to the average price, above the average price, and 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
2019 29 MAR	£365,000	£366,256	Close to HPI
2009 16 OCT	£220,000	£234,265	6% below HPI
2006 10 NOV	£295,000	£249,170	18% above HPI

MILLSTONES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The three MILLSTONES sales between November 2006 and March 2019 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 October 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might MILLSTONES be worth now?

MILLSTONES might now be worth an estimated £475,528.

This is based on house price inflation of 30.3%, between March 2019 and February 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for MILLSTONES of £365,000 on 29th March 2019. For the value to have increased from £365,000 to £475,528 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of MILLSTONES has moved in line with the HPI for detached houses in the Rugby local authority area.
• The March 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of MILLSTONES has not materially changed since March 2019.

How Large is MILLSTONES?

MILLSTONES is 138m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in Wolvey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolvey, and where MILLSTONES lies on this distribution: 56% of detached houses houses are smaller than MILLSTONES, and 44% of houses are larger. Note that EPC data is not available for all properties in Wolvey.

MILLSTONES: Plot and Title Map

MILLSTONES sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of MILLSTONES, 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 MILLSTONES). 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 MILLSTONES?

MILLSTONES is located on CHURCH HILL in WOLVEY, in the LE10 postcode district. The below map shows the position of MILLSTONES on CHURCH HILL.