14, MILL LANE, HEATHER, COALVILLE, LE67 2QE - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 MILL LANE is a very large extended detached house of 152m², built sometime before 1900. It was last sold for £490,000 in April 2022, which was around 47% above the average April 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

14 MILL LANE Sold Prices

Land registry data shows two sales for 14 MILL 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 North West Leicestershire local authority area for the corresponding sale date. One of the two 14 MILL LANE sales was for above the average price, whilst the other was 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
2022 6 APR	£490,000	£333,687	47% above HPI
2014 11 AUG	£180,000	£229,220	21% below HPI

14 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 two 14 MILL LANE sales from August 2014 and April 2022 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 14 MILL LANE?

14 MILL LANE is 152m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses in Heather, based on EPC data. The below chart shows the distribution of detached houses by size in Heather, and where 14 MILL LANE lies on this distribution: 90% of detached houses are smaller than 14 MILL LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Heather.

14 MILL LANE: Plot and Title Map

14 MILL LANE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 14 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 14 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 14 MILL LANE?

14 MILL LANE is located in HEATHER, in the LE67 postcode district. The below map shows the position of No. 14 on MILL LANE.