63, MILL LANE, NEWBOLD VERDON, LEICESTER, LE9 9PU - £220,000

63 MILL LANE is a midsized extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £220,000 in July 2009, which was around 8% above the average July 2009 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

63 MILL LANE Sold Prices

Land registry data shows two sales for 63 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 63 MILL 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
2009 10 JUL	£220,000	£203,283	8% above HPI
1998 22 DEC	£40,000	£90,346	56% below HPI

63 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 two 63 MILL LANE sales from December 1998 and July 2009 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 1998 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the July 2009 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 63 MILL LANE?

63 MILL LANE is 115m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% 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 63 MILL LANE lies on this distribution: 46% of detached houses are smaller than 63 MILL LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

63 MILL LANE: Plot and Title Map

63 MILL LANE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 63 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 63 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 63 MILL LANE?

63 MILL LANE is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 63 on MILL LANE.