48, MILLSTONE LANE, SYSTON, LEICESTER, LE7 2EW - £205,000

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.

48 MILLSTONE LANE is a midsized semi-detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £274,029. It was last sold for £205,000 in June 2018, which was around 4% above the average June 2018 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

48 MILLSTONE LANE Sold Prices

Land registry data shows two sales for 48 MILLSTONE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. One of the two 48 MILLSTONE LANE sales was for above the average price, whilst the other was 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
2018 28 JUN	£205,000	£197,022	4% above HPI
1998 20 MAR	£50,000	£54,366	8% below HPI

48 MILLSTONE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 48 MILLSTONE LANE sales from March 1998 and June 2018 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 March 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 48 MILLSTONE LANE be worth now?

48 MILLSTONE LANE might now be worth an estimated £274,029.

This is based on house price inflation of 33.7%, between June 2018 and March 2025, for semi-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 33.7% inflationary increase is applied to the most recent sale price for 48 MILLSTONE LANE of £205,000 on 28th June 2018. For the value to have increased from £205,000 to £274,029 over the seven years and three months to March 2025, the following assumptions must hold true:

• The value of 48 MILLSTONE LANE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The June 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MILLSTONE LANE has not materially changed since June 2018.

How Large is 48 MILLSTONE LANE?

48 MILLSTONE LANE is 112m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of semi-detached houses houses in Syston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Syston, and where 48 MILLSTONE LANE lies on this distribution: 47% of semi-detached houses houses are smaller than 48 MILLSTONE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Syston.

48 MILLSTONE LANE: Plot and Title Map

48 MILLSTONE LANE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 48 MILLSTONE 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 48 MILLSTONE 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 48 MILLSTONE LANE?

48 MILLSTONE LANE is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 48 on MILLSTONE LANE.