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318 LEGO Windmill Set thumbnail image

318 LEGO Windmill Set
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318 LEGO Windmill Set
  • Windmill Set thumbnail
  • Windmill Set thumbnail
  • Windmill Set thumbnail
  • Windmill Set thumbnail
  • Windmill Set thumbnail
  • Windmill Set thumbnail

LEGO 318 Windmill Set is a vintage Classic set from 1963 valued at $1,042 for new and sealed sets, up 23059% from an original retail price of $4.50. Annual appreciation has averaged 9.03% since release. On the used market, values range from $39 to $82 based on condition. The set holds steady, as its recent uptick matches the pattern seen in similar retired sets.

Windmill Set Value (New/Sealed)

This represents the current new/sealed value of the set Windmill Set since January 1963. Medium accuracy
LEGO 318-1 Windmill Set is a Classic Building set released in 1963, containing 153 pieces. Also known as Warehouse and Mill, it depicts a red, white, and blue windmill with a white roof and blue trim. The model features a working windmill mechanism with blades connected to the base structure. As an early 1960s LEGO set, it reflects the period’s focus on basic bricks and simple architectural forms.

Windmill Set has climbed about 9.0% a year since retirement and is worth around $1,042 sealed. If the forecast is right, it keeps going, to about $1,325 in five years. The average used price is $40 for those in good overall condition. New and sealed listings currently range from $1,113 to $1,122.
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For Sale (New/Sealed)

 (DE) System: Windmill Set (318) Genuine Unopened $1,113.19
+6.8%

Market Momentum

Neutral
The 318 Windmill Set has edged up in value over the last three months, moving alongside other retired Classic Building sets. Listings remain scarce, with only a few copies for sale.
SupplyFewer than most in Classic
Listings steady this month
12 months agoToday
Growth vs peers+13% typical for Building
+15% over the past year
12 months agoToday
Outlook:7% bearish·79% neutral·14% bullish
Why it's moving, signals and outlook

Compared with other Building sets

What lifts Windmill Set here is that most sets below it cost far more at launch.

#3 of 7
By growth since retail, +23,059%
+4,135%+73,748%
In the top half of the group.
$6.81 a piece
New and sealed value per piece
This set
$6.81
Typical
$6.81
Close to the group's typical value per piece.
Building sets by valueValueSince retail
324-2 House with Garage$1,401+28,540%
322-2 Town House$1,159+16,717%
325-3 Shell Service Station$1,104+19,106%
318 Windmill Set$1,042+23,059%
326 Small Cottage$702+73,748%
341 Warehouse$683+9,315%
342 Station$476+4,135%

Sets in Classic / Building

342 Station

Theme / Subtheme Classic / Building
Year 1968
Pieces 215
Availability Retired
342 LEGO Station
Retail $11.25
Value $476.40
Growth  +4134.7%
Annual growth 6.7%

324-2 House with Garage

Theme / Subtheme Classic / Building
Year 1964
Pieces 174
Availability Retired
324-2 LEGO House with Garage
Retail $4.89
Value $1,400.51
Growth  +28540.3%
Annual growth 9.6%

322-2 Town House

Theme / Subtheme Classic / Building
Year 1964
Pieces 171
Availability Retired
322-2 LEGO Town House
Retail $6.89
Value $1,158.68
Growth  +16716.8%
Annual growth 8.6%

341 Warehouse

Theme / Subtheme Classic / Building
Year 1968
Pieces 123
Availability Retired
341 LEGO Warehouse
Retail $7.25
Value $682.56
Growth  +9314.6%
Annual growth 8.2%

325-3 Shell Service Station

Theme / Subtheme Classic / Building
Year 1966
Pieces 121
Availability Retired
325-3 LEGO Shell Service Station
Retail $5.75
Value $1,104.34
Growth  +19105.9%
Annual growth 9.2%

340-3 Railroad Control Tower

Theme / Subtheme Classic / Building
Year 1968
Pieces 86
Availability Retired
340-3 LEGO Railroad Control Tower
Retail $4.90

326 Small Cottage

Theme / Subtheme Classic / Building
Year 1965
Pieces 60
Availability Retired
326 LEGO Small Cottage
Retail $0.95
Value $701.56
Growth  +73748.4%
Annual growth 11.3%

Windmill Set Questions

What is LEGO 318 Windmill Set worth?

Sealed in its box, Windmill Set is currently valued at $1,042. Used copies are worth about $40.

Is LEGO 318 Windmill Set still available?

No. Windmill Set has been retired by LEGO. Collectors now buy it on the secondary market, from sellers on sites like eBay and BrickLink.

How has LEGO 318 Windmill Set performed since its release?

Since it sold for $4.50 in shops, Windmill Set has risen 23,059% in value, or roughly 9% a year on average. That matches the Building average of 8.6% a year closely.

What is the one-year forecast for LEGO 318 Windmill Set?

In twelve months, Windmill Set could be worth around $1,090, about 5% more than today. In the short term the market reads neutral. On balance, demand, supply and price are level. Like any forecast, this is an estimate.

How big is LEGO 318 Windmill Set?

Windmill Set has 153 pieces, or $0.03 per piece at retail.

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Windmill Set Reviews

13 reviews
4.8
Collectors
Investors
BrickEconomy Member Review
“This simple windmill set from 1963 showcases a clever design with a clean two-tone build and a well-integrated connection for its moving parts. The blue and red bricks blend seamlessly, while the white and blue roof trim adds a distinctive touch. A nostalgic glimpse into early LEGO designs, it highlights how far the brand has come while still impressing with its simplicity.”
 

About Classic Building

The LEGO Classic Building theme from the 1960s consisted of sets that focused on general construction and architectural design using standard LEGO bricks. Unlike specialized themes, the Classic Building sets from this era emphasized foundational building techniques and allowed for the creation of various structures and designs. It represented one of LEGO's early efforts to promote versatile brick-based construction.

Building consists of 8 sets that ran from 1963 to 1968. As of today, 324-2 House with Garage is the most valuable Building set with an estimated new/sealed value of $1,401.
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