2, MILL HILL, LUBENHAM, MARKET HARBOROUGH, LE16 9TH - £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.

2 MILL HILL is a very small extended detached house of 84m², built sometime before 1900, which could now be worth an estimated £256,814. It was last sold for £200,000 in October 2018, which was around 47% below the average October 2018 detached price in the Harborough local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

2 MILL HILL Sold Prices

Land registry data shows two sales for 2 MILL HILL 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 2 MILL HILL 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
2018 5 OCT	£200,000	£377,983	47% below HPI
2013 15 MAR	£170,000	£265,708	36% below HPI

2 MILL HILL 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 2 MILL HILL sales from March 2013 and October 2018 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 March 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 MILL HILL be worth now?

2 MILL HILL might now be worth an estimated £256,814.

This is based on house price inflation of 28.4%, between October 2018 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 28.4% inflationary increase is applied to the most recent sale price for 2 MILL HILL of £200,000 on 5th October 2018. For the value to have increased from £200,000 to £256,814 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 MILL HILL has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL HILL has not materially changed since October 2018.

How Large is 2 MILL HILL?

2 MILL HILL is 84m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses houses in Lubenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lubenham, and where 2 MILL HILL lies on this distribution: 5% of detached houses houses are smaller than 2 MILL HILL, and 95% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

2 MILL HILL: Plot and Title Map

2 MILL HILL sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 2 MILL HILL, 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 HILL). 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 2 MILL HILL?

2 MILL HILL is located in LUBENHAM, in the LE16 postcode district. The below map shows the position of No. 2 on MILL HILL.