31, OLD MILL ROAD, BROUGHTON ASTLEY, LEICESTER, LE9 6PQ - £345,000

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 OLD MILL ROAD is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £491,745. It was last sold for £345,000 in November 2016, which was around 1% above the average November 2016 detached price in the Harborough local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

31 OLD MILL ROAD Sold Prices

Land registry data shows two sales for 31 OLD 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 Harborough local authority area for the corresponding sale date. One of the two 31 OLD MILL ROAD sales was for above the average price, whilst the other was 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
2016 9 NOV	£345,000	£340,518	1% above HPI
2012 8 JUN	£250,000	£261,120	4% below HPI

31 OLD MILL ROAD 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 31 OLD MILL ROAD sales from June 2012 and November 2016 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 June 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 31 OLD MILL ROAD be worth now?

31 OLD MILL ROAD might now be worth an estimated £491,745.

This is based on house price inflation of 42.5%, between November 2016 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 42.5% inflationary increase is applied to the most recent sale price for 31 OLD MILL ROAD of £345,000 on 9th November 2016. For the value to have increased from £345,000 to £491,745 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 OLD MILL ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2016 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OLD MILL ROAD has not materially changed since November 2016.

How Large is 31 OLD MILL ROAD?

31 OLD MILL ROAD is 86m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses houses in Broughton Astley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broughton Astley, and where 31 OLD MILL ROAD lies on this distribution: 16% of detached houses houses are smaller than 31 OLD MILL ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Broughton Astley.

31 OLD MILL ROAD: Plot and Title Map

31 OLD MILL ROAD sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 31 OLD 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 OLD 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 OLD MILL ROAD?

31 OLD MILL ROAD is located in BROUGHTON ASTLEY, in the LE9 postcode district. The below map shows the position of No. 31 on OLD MILL ROAD.