Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
57 MILL LANE is a large extended detached house of 134m², built sometime between 1900 and 1929. It was last sold for £200,000 in May 2010, which was about the average May 2010 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 57 MILL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. The three 57 MILL LANE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2010 27 MAY | £200,000 | £199,794 | Close to HPI |
2006 24 NOV | £195,000 | £214,747 | 9% below HPI |
1999 17 SEP | £77,500 | £91,438 | 15% below HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 57 MILL LANE sales between September 1999 and May 2010 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 November 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2010 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
57 MILL LANE is 134m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses in Heather, based on EPC data. The below chart shows the distribution of detached houses by size in Heather, and where 57 MILL LANE lies on this distribution: 77% of detached houses are smaller than 57 MILL LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Heather.
57 MILL LANE sits on a plot of roughly 53.2 acres, or 215,321m². The below map shows the location of 57 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 57 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.
57 MILL LANE is located in HEATHER, in the LE67 postcode district. The below map shows the position of No. 57 on MILL LANE.