2, MILL LANE, SHARNFORD, HINCKLEY, LE10 3PS - £232,000

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 LANE is a large extended detached house of 156m², built sometime between 1930 and 1949, which could now be worth an estimated £412,096. It was last sold for £232,000 in September 2006, which was around 6% above the average September 2006 detached price in the Blaby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 MILL LANE Sold Prices

Land registry data shows three sales for 2 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. One of the three 2 MILL LANE sales was for above the average price, whilst two 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
2006 20 SEP	£232,000	£219,703	6% above HPI
2003 5 DEC	£186,000	£190,857	3% below HPI
2002 26 JUL	£135,000	£142,752	5% below HPI

2 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 2 MILL LANE sales between July 2002 and September 2006 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 December 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2006 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 MILL LANE be worth now?

2 MILL LANE might now be worth an estimated £412,096.

This is based on house price inflation of 77.6%, between September 2006 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.6% inflationary increase is applied to the most recent sale price for 2 MILL LANE of £232,000 on 20th September 2006. For the value to have increased from £232,000 to £412,096 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MILL LANE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The September 2006 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL LANE has not materially changed since September 2006.

How Large is 2 MILL LANE?

2 MILL LANE is 156m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses houses in Sharnford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sharnford, and where 2 MILL LANE lies on this distribution: 77% of detached houses houses are smaller than 2 MILL LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Sharnford.

2 MILL LANE: Plot and Title Map

2 MILL LANE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 2 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 2 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 2 MILL LANE?

2 MILL LANE is located in SHARNFORD, in the LE10 postcode district. The below map shows the position of No. 2 on MILL LANE.