2, MILL ROAD, REARSBY, LEICESTER, LE7 4YN - £1,150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILL ROAD is a very large detached house of 458m², built sometime before 1900. It was last sold for £1,150,000 in November 2020, which was around 222% above the average November 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2010, where the current energy rating was F, and the potential energy rating was F.

2 MILL ROAD Sold Prices

Land registry data shows two sales for 2 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 2 MILL ROAD 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
2020 27 NOV	£1,150,000	£357,130	222% above HPI
2000 21 JAN	£310,000	£106,920	190% above HPI

2 MILL ROAD 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 two 2 MILL ROAD sales from January 2000 and November 2020 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 January 2000 sale was for 190% above the HPI. So the extrapolation line tracks at 190% above the HPI over time, until the November 2020 sale, where it rises to 222% above the HPI. The line then continues to track at 222% above the HPI.

How Large is 2 MILL ROAD?

2 MILL ROAD is 458m² according to the EPC inspection conducted in January 2010. This puts it in the largest 10% of detached houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses by size in Rearsby, and where 2 MILL ROAD lies on this distribution: More than 99% of detached houses are smaller than 2 MILL ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

2 MILL ROAD: Plot and Title Map

2 MILL ROAD sits on a plot of roughly 0.456 of an acre, or 1,846m². The below map shows the location of 2 MILL ROAD, 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 ROAD). 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 ROAD?

2 MILL ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 2 on MILL ROAD.