8, UNION MILL CLOSE, EARL SHILTON, LEICESTER, LE9 7ED - £238,500

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.

8 UNION MILL CLOSE is a small detached house of 93m², which could now be worth an estimated £275,405. It was last sold for £238,500 in September 2021, which was around 28% below the average September 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

8 UNION MILL CLOSE Sold Prices

Land registry data shows three sales for 8 UNION MILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 8 UNION MILL CLOSE 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
2021 22 SEP	£238,500	£332,106	28% below HPI
2019 27 SEP	£202,000	£302,325	33% below HPI
2014 29 JUL	£179,950	£222,691	19% below HPI

8 UNION MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 8 UNION MILL CLOSE sales between July 2014 and September 2021 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 UNION MILL CLOSE be worth now?

8 UNION MILL CLOSE might now be worth an estimated £275,405.

This is based on house price inflation of 15.5%, between September 2021 and March 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 8 UNION MILL CLOSE of £238,500 on 22nd September 2021. For the value to have increased from £238,500 to £275,405 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 8 UNION MILL CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The September 2021 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 8 UNION MILL CLOSE has not materially changed since September 2021.

How Large is 8 UNION MILL CLOSE?

8 UNION MILL CLOSE is 93m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses houses in Earl Shilton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Earl Shilton, and where 8 UNION MILL CLOSE lies on this distribution: 32% of detached houses houses are smaller than 8 UNION MILL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Earl Shilton.

8 UNION MILL CLOSE: Plot and Title Map

8 UNION MILL CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 8 UNION 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 UNION 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 UNION MILL CLOSE?

8 UNION MILL CLOSE is located in EARL SHILTON, in the LE9 postcode district. The below map shows the position of No. 8 on UNION MILL CLOSE.