8, MILL CLOSE, BIRSTALL, LEICESTER, LE4 4EN - £168,000

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.

8 MILL CLOSE is a very small semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £297,375. It was last sold for £168,000 in May 2011, which was around 13% above the average May 2011 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

8 MILL CLOSE Sold Prices

Land registry data shows six sales for 8 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. All of the six 8 MILL 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
2011 6 MAY	£168,000	£148,254	13% above HPI
2008 6 AUG	£167,000	£155,220	8% above HPI
2003 8 OCT	£155,000	£129,552	20% above HPI
2002 24 MAY	£125,000	£88,550	41% above HPI
2001 22 JUN	£110,000	£74,335	48% above HPI
1997 2 OCT	£74,950	£54,279	38% above HPI

8 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The six 8 MILL CLOSE sales between October 1997 and May 2011 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 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2011 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8 MILL CLOSE be worth now?

8 MILL CLOSE might now be worth an estimated £297,375.

This is based on house price inflation of 77%, between May 2011 and February 2025, for semi-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 77% inflationary increase is applied to the most recent sale price for 8 MILL CLOSE of £168,000 on 6th May 2011. For the value to have increased from £168,000 to £297,375 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 8 MILL CLOSE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The May 2011 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILL CLOSE has not materially changed since May 2011.

How Large is 8 MILL CLOSE?

8 MILL CLOSE is 82m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of semi-detached houses houses in Birstall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birstall, and where 8 MILL CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 8 MILL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Birstall.

8 MILL CLOSE: Plot and Title Map

8 MILL CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 MILL 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 8 MILL 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 8 MILL CLOSE?

8 MILL CLOSE is located in BIRSTALL, in the LE4 postcode district. The below map shows the position of No. 8 on MILL CLOSE.