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
6 MILL LANE is a very large detached house of 145m², built sometime between 1967 and 1975. It was last sold for £410,000 in May 2024, which was about the average May 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 6 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 Charnwood local authority area for the corresponding sale date. The three 6 MILL LANE sales were a mix of roughly equal to the average price, above 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 |
---|---|---|---|
2024 28 MAY | £410,000 | £410,444 | Close to HPI |
2008 17 JUL | £235,000 | £250,106 | 6% below HPI |
2003 25 APR | £197,500 | £192,305 | 3% above HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 6 MILL LANE sales between April 2003 and May 2024 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 July 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
6 MILL LANE is 145m² according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurmaston, and where 6 MILL LANE lies on this distribution: 88% of detached houses are smaller than 6 MILL LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.
6 MILL LANE sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 6 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 6 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.
6 MILL LANE is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 6 on MILL LANE.