39B, MILL ROAD, REARSBY, LEICESTER, LE7 4YN - £487,500

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.

39B MILL ROAD is a small detached house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £524,426. It was last sold for £487,500 in May 2024, which was around 23% above the average May 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

39B MILL ROAD Sold Prices

Land registry data shows three sales for 39B MILL ROAD since 1^st 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. All of the three 39B MILL ROAD 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
2024 23 MAY	£487,500	£395,701	23% above HPI
2021 13 DEC	£437,500	£373,433	17% above HPI
1997 7 APR	£136,500	£84,459	62% above HPI

39B MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 39B MILL ROAD sales between April 1997 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 December 2021 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 39B MILL ROAD be worth now?

39B MILL ROAD might now be worth an estimated £524,426.

This is based on house price inflation of 7.6%, between May 2024 and April 2026, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for 39B MILL ROAD of £487,500 on 23rd May 2024. For the value to have increased from £487,500 to £524,426 over the two years and one month to April 2026, the following assumptions must hold true:

• The value of 39B MILL ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The May 2024 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of 39B MILL ROAD has not materially changed since May 2024.

How Large is 39B MILL ROAD?

39B MILL ROAD is 110m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rearsby, and where 39B MILL ROAD lies on this distribution: 30% of detached houses houses are smaller than 39B MILL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

39B MILL ROAD: Plot and Title Map

39B MILL ROAD sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 39B 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 39B 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 39B MILL ROAD?

39B MILL ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 39B on MILL ROAD.