2, MILL ROAD, ULLESTHORPE, LUTTERWORTH, LE17 5DE - £330,000

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.

2 MILL ROAD is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £343,934. It was last sold for £330,000 in October 2022, which was around 28% below the average October 2022 detached price in the Harborough local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

2 MILL ROAD Sold Prices

Land registry data shows two sales for 2 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. Both of the two 2 MILL ROAD 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 28 OCT	£330,000	£458,443	28% below HPI
2011 7 SEP	£155,000	£261,480	41% below HPI

2 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 2 MILL ROAD sales from September 2011 and October 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 September 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 MILL ROAD be worth now?

2 MILL ROAD might now be worth an estimated £343,934.

This is based on house price inflation of 4.2%, between October 2022 and May 2026, 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 4.2% inflationary increase is applied to the most recent sale price for 2 MILL ROAD of £330,000 on 28th October 2022. For the value to have increased from £330,000 to £343,934 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 2 MILL ROAD has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL ROAD has not materially changed since October 2022.

How Large is 2 MILL ROAD?

2 MILL ROAD is 104m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses houses in Ullesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ullesthorpe, and where 2 MILL ROAD lies on this distribution: 26% of detached houses houses are smaller than 2 MILL ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Ullesthorpe.

2 MILL ROAD: Plot and Title Map

2 MILL ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 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 2 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 2 MILL ROAD?

2 MILL ROAD is located in ULLESTHORPE, in the LE17 postcode district. The below map shows the position of No. 2 on MILL ROAD.