7, MILL LANE, THORNTON, COALVILLE, LE67 1AQ - £355,950

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.

7 MILL LANE is a small extended detached house of 113m², built sometime before 1900, which could now be worth an estimated £367,421. It was last sold for £355,950 in June 2022, which was around 4% below the average June 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

7 MILL LANE Sold Prices

Land registry data shows two sales for 7 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 7 MILL LANE 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
2022 17 JUN	£355,950	£369,151	4% below HPI
2012 3 AUG	£132,000	£206,281	36% below HPI

7 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 7 MILL LANE sales from August 2012 and June 2022 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 August 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 MILL LANE be worth now?

7 MILL LANE might now be worth an estimated £367,421.

This is based on house price inflation of 3.2%, between June 2022 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 7 MILL LANE of £355,950 on 17th June 2022. For the value to have increased from £355,950 to £367,421 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 7 MILL LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2022 sale price of £355,950 represented a fair market value for the property.
• The size, condition, and specification of 7 MILL LANE has not materially changed since June 2022.

How Large is 7 MILL LANE?

7 MILL LANE is 113m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornton, and where 7 MILL LANE lies on this distribution: 32% of detached houses houses are smaller than 7 MILL LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Thornton.

7 MILL LANE: Plot and Title Map

7 MILL LANE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 7 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 7 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.

Where is 7 MILL LANE?

7 MILL LANE is located in THORNTON, in the LE67 postcode district. The below map shows the position of No. 7 on MILL LANE.