1, MILLERS LANE, MONKS KIRBY, RUGBY, CV23 0RJ - £1,200,000

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.

1 MILLERS LANE is a very large extended detached house of 393m², built sometime between 1930 and 1949, which could now be worth an estimated £1,926,249. It was last sold for £1,200,000 in June 2015, which was around 304% above the average June 2015 detached price in the Rugby local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

1 MILLERS LANE Sold Prices

Land registry data shows two sales for 1 MILLERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 1 MILLERS 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
2015 19 JUN	£1,200,000	£297,260	304% above HPI
2004 30 JAN	£250,000	£213,883	17% above HPI

1 MILLERS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two 1 MILLERS LANE sales from January 2004 and June 2015 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 January 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2015 sale, where it rises to 304% above the HPI. The line then continues to track at 304% above the HPI.

What might 1 MILLERS LANE be worth now?

1 MILLERS LANE might now be worth an estimated £1,926,249.

This is based on house price inflation of 60.5%, between June 2015 and February 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.5% inflationary increase is applied to the most recent sale price for 1 MILLERS LANE of £1,200,000 on 19th June 2015. For the value to have increased from £1,200,000 to £1,926,249 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 1 MILLERS LANE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The June 2015 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLERS LANE has not materially changed since June 2015.

How Large is 1 MILLERS LANE?

1 MILLERS LANE is 393m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses houses in Monks Kirby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monks Kirby, and where 1 MILLERS LANE lies on this distribution: 96% of detached houses houses are smaller than 1 MILLERS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Monks Kirby.

1 MILLERS LANE: Plot and Title Map

1 MILLERS LANE sits on a plot of roughly 2.6 acres, or 10,685m². The below map shows the location of 1 MILLERS 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 1 MILLERS 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 1 MILLERS LANE?

1 MILLERS LANE is located in MONKS KIRBY, in the CV23 postcode district. The below map shows the position of No. 1 on MILLERS LANE.