19, MILL LANE, GILMORTON, LUTTERWORTH, LE17 5PB - £577,500

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.

19 MILL LANE is a large detached house of 168m², which could now be worth an estimated £648,300. It was last sold for £577,500 in March 2022, which was around 34% above the average March 2022 detached price in the Harborough local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

19 MILL LANE Sold Prices

Land registry data shows two sales for 19 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 Harborough local authority area for the corresponding sale date. Both of the two 19 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
2022 31 MAR	£577,500	£432,352	34% above HPI
2019 26 APR	£520,000	£385,792	35% above HPI

19 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 19 MILL LANE sales from April 2019 and March 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 April 2019 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 19 MILL LANE be worth now?

19 MILL LANE might now be worth an estimated £648,300.

This is based on house price inflation of 12.3%, between March 2022 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 19 MILL LANE of £577,500 on 31st March 2022. For the value to have increased from £577,500 to £648,300 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 19 MILL LANE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2022 sale price of £577,500 represented a fair market value for the property.
• The size, condition, and specification of 19 MILL LANE has not materially changed since March 2022.

How Large is 19 MILL LANE?

19 MILL LANE is 168m² according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses houses in Gilmorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilmorton, and where 19 MILL LANE lies on this distribution: 70% of detached houses houses are smaller than 19 MILL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Gilmorton.

19 MILL LANE: Plot and Title Map

19 MILL LANE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 19 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 19 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 19 MILL LANE?

19 MILL LANE is located in GILMORTON, in the LE17 postcode district. The below map shows the position of No. 19 on MILL LANE.