8, MILL LANE, BELTON, LOUGHBOROUGH, LE12 9UJ - £422,500

8 MILL LANE is a very large detached house of 229m², built sometime between 1991 and 1995. It was last sold for £422,500 in May 2014, which was around 93% above the average May 2014 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

8 MILL LANE Sold Prices

Land registry data shows four sales for 8 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 8 MILL LANE 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
2014 2 MAY	£422,500	£219,028	93% above HPI
2008 23 MAY	£400,000	£232,530	72% above HPI
1999 10 DEC	£245,000	£93,904	161% above HPI
1997 28 APR	£161,000	£76,573	110% above HPI

8 MILL LANE 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 four 8 MILL LANE sales between April 1997 and May 2014 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 May 2008 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the May 2014 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 8 MILL LANE?

8 MILL LANE is 229m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Belton, based on EPC data. The below chart shows the distribution of detached houses by size in Belton, and where 8 MILL LANE lies on this distribution: 92% of detached houses are smaller than 8 MILL LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Belton.

8 MILL LANE: Plot and Title Map

8 MILL LANE sits on a plot of roughly 0.248 of an acre, or 1,005m². The below map shows the location of 8 MILL LANE, 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 LANE). 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 LANE?

8 MILL LANE is located in BELTON, in the LE12 postcode district. The below map shows the position of No. 8 on MILL LANE.