16, MILTON CLOSE, MEASHAM, SWADLINCOTE, DE12 7EW - £219,500

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.

16 MILTON CLOSE is a very small terraced house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £228,403. It was last sold for £219,500 in November 2022, which was around 16% above the average November 2022 terraced price in the North West Leicestershire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

16 MILTON CLOSE Sold Prices

Land registry data shows two sales for 16 MILTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 16 MILTON CLOSE 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
2022 25 NOV	£219,500	£189,244	16% above HPI
2019 16 AUG	£162,000	£150,085	8% above HPI

16 MILTON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 16 MILTON CLOSE sales from August 2019 and November 2022 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 August 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 MILTON CLOSE be worth now?

16 MILTON CLOSE might now be worth an estimated £228,403.

This is based on house price inflation of 4.1%, between November 2022 and May 2026, for terraced 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 4.1% inflationary increase is applied to the most recent sale price for 16 MILTON CLOSE of £219,500 on 25th November 2022. For the value to have increased from £219,500 to £228,403 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 16 MILTON CLOSE has moved in line with the HPI for terraced houses in the North West Leicestershire local authority area.
• The November 2022 sale price of £219,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MILTON CLOSE has not materially changed since November 2022.

How Large is 16 MILTON CLOSE?

16 MILTON CLOSE is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of terraced houses houses in Measham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Measham, and where 16 MILTON CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 16 MILTON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Measham.

16 MILTON CLOSE: Plot and Title Map

16 MILTON CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 16 MILTON 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 16 MILTON 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 16 MILTON CLOSE?

16 MILTON CLOSE is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 16 on MILTON CLOSE.