31, MILL ROAD, THURCASTON, LEICESTER, LE7 7JP - £235,000

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.

31 MILL ROAD is a very small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £371,979. It was last sold for £235,000 in October 2014, which was around 11% below the average October 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was C.

31 MILL ROAD Sold Prices

Land registry data shows two sales for 31 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 31 MILL ROAD 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
2014 17 OCT	£235,000	£262,950	11% below HPI
2009 17 SEP	£205,000	£227,456	10% below HPI

31 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 31 MILL ROAD sales from September 2009 and October 2014 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 September 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 31 MILL ROAD be worth now?

31 MILL ROAD might now be worth an estimated £371,979.

This is based on house price inflation of 58.3%, between October 2014 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 58.3% inflationary increase is applied to the most recent sale price for 31 MILL ROAD of £235,000 on 17th October 2014. For the value to have increased from £235,000 to £371,979 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 31 MILL ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2014 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MILL ROAD has not materially changed since October 2014.

How Large is 31 MILL ROAD?

31 MILL ROAD is 88m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses houses in Thurcaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurcaston, and where 31 MILL ROAD lies on this distribution: 3% of detached houses houses are smaller than 31 MILL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Thurcaston.

31 MILL ROAD: Plot and Title Map

31 MILL ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 31 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 31 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 31 MILL ROAD?

31 MILL ROAD is located in THURCASTON, in the LE7 postcode district. The below map shows the position of No. 31 on MILL ROAD.