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
2 MILL GROVE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £254,000 in December 2021, which was around 44% below the average December 2021 detached price in the Harborough local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 MILL GROVE since 1st 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 2 MILL GROVE sales were 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 |
---|---|---|---|
2021 13 DEC | £254,000 | £450,396 | 44% below HPI |
2017 23 MAY | £194,000 | £356,655 | 46% below HPI |
The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 2 MILL GROVE sales from May 2017 and December 2021 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 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.
2 MILL GROVE is 82m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 2 MILL GROVE lies on this distribution: 13% of detached houses are smaller than 2 MILL GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.
2 MILL GROVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 2 MILL GROVE, 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 2 MILL GROVE). 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.
2 MILL GROVE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 2 on MILL GROVE.