2, MILL LANE, THURMASTON, LEICESTER, LE4 8AF - £217,500

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.

2 MILL LANE is a large extended detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £380,428. It was last sold for £217,500 in March 2013, which was around 9% below the average March 2013 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

2 MILL LANE Sold Prices

Land registry data shows five sales for 2 MILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the five 2 MILL LANE 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
2013 12 MAR	£217,500	£237,964	9% below HPI
2004 15 MAR	£155,000	£213,105	27% below HPI
2002 21 FEB	£130,000	£141,818	8% below HPI
1999 3 SEP	£66,500	£102,636	35% below HPI
1996 19 JUL	£59,000	£80,038	26% below HPI

2 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The five 2 MILL LANE sales between July 1996 and March 2013 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 MILL LANE be worth now?

2 MILL LANE might now be worth an estimated £380,428.

This is based on house price inflation of 74.9%, between March 2013 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.9% inflationary increase is applied to the most recent sale price for 2 MILL LANE of £217,500 on 12th March 2013. For the value to have increased from £217,500 to £380,428 over the twelve years and one month 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 Charnwood local authority area.
• The March 2013 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL LANE has not materially changed since March 2013.

How Large is 2 MILL LANE?

2 MILL LANE is 112m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 40% of detached houses houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurmaston, and where 2 MILL LANE lies on this distribution: 69% of detached houses houses are smaller than 2 MILL LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

2 MILL LANE: Plot and Title Map

2 MILL LANE sits on a plot of roughly 0.089 of an acre, or 361m². 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 THURMASTON, in the LE4 postcode district. The below map shows the position of No. 2 on MILL LANE.