3, MILL HILL, LUBENHAM, MARKET HARBOROUGH, LE16 9TH - £240,000

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.

3 MILL HILL is a very small terraced house of 72m², built sometime before 1900, which could now be worth an estimated £272,925. It was last sold for £240,000 in July 2021, which was around 12% above the average July 2021 terraced price in the Harborough local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

3 MILL HILL Sold Prices

Land registry data shows five sales for 3 MILL HILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Harborough local authority area for the corresponding sale date. Most of the five 3 MILL HILL sales were for above 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
2021 9 JUL	£240,000	£215,050	12% above HPI
2016 16 DEC	£196,000	£175,514	12% above HPI
2003 5 SEP	£160,000	£109,079	47% above HPI
1999 3 DEC	£82,450	£55,694	48% above HPI
1997 5 FEB	£31,159	£44,443	30% below HPI

3 MILL HILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Harborough local authority area over time, sourced from the HPI. The five 3 MILL HILL sales between February 1997 and July 2021 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 December 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2021 sale, which was also at 12% above the HPI.

What might 3 MILL HILL be worth now?

3 MILL HILL might now be worth an estimated £272,925.

This is based on house price inflation of 13.7%, between July 2021 and April 2026, for terraced 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 13.7% inflationary increase is applied to the most recent sale price for 3 MILL HILL of £240,000 on 9th July 2021. For the value to have increased from £240,000 to £272,925 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 3 MILL HILL has moved in line with the HPI for terraced houses in the Harborough local authority area.
• The July 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL HILL has not materially changed since July 2021.

How Large is 3 MILL HILL?

3 MILL HILL is 72m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of terraced houses houses in Lubenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lubenham, and where 3 MILL HILL lies on this distribution: 1% of terraced houses houses are smaller than 3 MILL HILL, and 99% of houses are larger. Note that EPC data is not available for all properties in Lubenham.

3 MILL HILL: Plot and Title Map

3 MILL HILL sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 MILL HILL, 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 3 MILL HILL). 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 3 MILL HILL?

3 MILL HILL is located in LUBENHAM, in the LE16 postcode district. The below map shows the position of No. 3 on MILL HILL.