16, MILL HILL WOOD WAY, IBSTOCK, LE67 6QB - £340,000

16 MILL HILL WOOD WAY is a small detached house of 101m². It was last sold for £340,000 in June 2023, which was around 1% below the average June 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

16 MILL HILL WOOD WAY Sold Prices

Land registry data shows three sales for 16 MILL HILL WOOD WAY 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 16 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
2023 15 JUN	£340,000	£342,075	1% below HPI
2017 20 JAN	£219,950	£257,648	15% below HPI
2016 3 MAR	£211,750	£242,414	13% below HPI

16 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 three 16 MILL HILL WOOD WAY sales between March 2016 and June 2023 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 January 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 16 MILL HILL WOOD WAY?

16 MILL HILL WOOD WAY is 101m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Ibstock, based on EPC data. The below chart shows the distribution of detached houses by size in Ibstock, and where 16 MILL HILL WOOD WAY lies on this distribution: 32% of detached houses are smaller than 16 MILL HILL WOOD WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Ibstock.

16 MILL HILL WOOD WAY: Plot and Title Map

16 MILL HILL WOOD WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 16 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 16 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 16 MILL HILL WOOD WAY?

16 MILL HILL WOOD WAY is located in IBSTOCK, in the LE67 postcode district. The below map shows the position of No. 16 on MILL HILL WOOD WAY.