73, MILL LANE, NEWBOLD VERDON, LEICESTER, LE9 9PU - £106,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

73 MILL LANE is a very small semi-detached house of 69m², built sometime between 1967 and 1975. It was last sold for £106,000 in April 2010, which was around 50% below the average April 2010 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

73 MILL LANE Sold Prices

Land registry data shows four sales for 73 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 73 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
2010 14 APR	£106,000	£210,827	50% below HPI
2007 16 AUG	£190,000	£242,546	22% below HPI
2004 9 JUL	£120,000	£201,412	40% below HPI
2000 10 FEB	£55,000	£97,059	43% below HPI

73 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 four 73 MILL LANE sales between February 2000 and April 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 August 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2010 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 73 MILL LANE?

73 MILL LANE is 69m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 73 MILL LANE lies on this distribution: 8% of detached houses are smaller than 73 MILL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

73 MILL LANE: Plot and Title Map

73 MILL LANE sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of 73 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 73 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 73 MILL LANE?

73 MILL LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 73 on MILL LANE.