Mill Lane - LE14 2QE
Key Street Insights
Mill Lane is a residential street with 4 addresses.
It ranks as the 122nd largest of the 590 streets in the LE14 area.
The street contains a total of 4 properties: 2 houses and 2 other properties.
- Ave. Sale Price
- £561,533
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,491pcm
- 10 Year change
- up 59.3%
- Ave. £ per ft²
- £510/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Key Street Insights
Mill Lane is a residential street with 4 addresses.
It ranks as the 122nd largest of the 590 streets in the LE14 area.
The street contains a total of 4 properties: 2 houses and 2 other properties.
- Ave. Sale Price
- £561,533
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,491pcm
- 10 Year change
- up 59.3%
- Ave. £ per ft²
- £510/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Explore Properties on Mill Lane, Somerby, Melton Mowbray, LE14
- 2 Mill Lane
House
- 4 Mill Lane
3 Bed Period House
- 6 Mill Lane
4 Bed Modern House
- 8 Mill Lane
House
Sales Market Trends
The last sale on Mill Lane sold for £610,000 on 26th April 2021. Since then prices are up an average of 11.2%.
The current average value in the street is £561,533.
The Mill Lane Sales Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £561,533 |
| June 2025 | 1.5% | £573,563 |
| June 2024 | -1.1% | £565,078 |
| June 2023 | 1.7% | £571,089 |
| June 2022 | 9.5% | £561,736 |
| June 2021 | 7.1% | £512,942 |
| June 2020 | 2.7% | £478,721 |
| June 2019 | 1.8% | £466,134 |
| June 2018 | 6.8% | £457,672 |
| June 2017 | 5.4% | £428,501 |
| June 2016 | 5.7% | £406,425 |
| June 2015 | 7.2% | £384,664 |
| June 2014 | 3.5% | £358,779 |
| June 2013 | 2.4% | £346,783 |
| June 2012 | 1.1% | £338,785 |
| June 2011 | -0.5% | £335,171 |
| June 2010 | 5.9% | £336,697 |
| June 2009 | -10.5% | £317,982 |
| June 2008 | -2.1% | £355,116 |
| June 2007 | 0% | £362,903 |
Rental Market Trends
The current average rental value in the street is £1,491.
The Mill Lane Rental Market has increased by 59.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,491pcm |
| June 2025 | 7.3% | £1,449pcm |
| June 2024 | 5.1% | £1,350pcm |
| June 2023 | 7.5% | £1,285pcm |
| June 2022 | 9% | £1,195pcm |
| June 2021 | 7.3% | £1,096pcm |
| June 2020 | 1.3% | £1,022pcm |
| June 2019 | 2.6% | £1,009pcm |
| June 2018 | 3.4% | £983pcm |
| June 2017 | 1.6% | £951pcm |
| June 2016 | 4.1% | £936pcm |
| June 2015 | 4.7% | £899pcm |
| June 2014 | 1.9% | £859pcm |
| June 2013 | 0.3% | £843pcm |
| June 2012 | 2.1% | £840pcm |
| June 2011 | 2.6% | £823pcm |
| June 2010 | 4.4% | £802pcm |
| June 2009 | -5.7% | £768pcm |
| June 2008 | 1.5% | £814pcm |
| June 2007 | 0% | £802pcm |
Sales History
The last recorded sale was on 26th April 2021 for £610,000 and since then the market in the area has increased by 11.2%.
Mill Lane, Somerby, Melton Mowbray, LE14 has had 2 sales since 1995, none of them in the last three years.
- Sold Apr 2021£610,000 | 4 Bed House6, Mill Lane, Melton Mowbray, LE14 2QE6, Mill Lane, Melton Mowbray, LE14 2QE
- Sold Aug 2013£360,000 | 4 Bed House6, Mill Lane, Melton Mowbray, LE14 2QE6, Mill Lane, Melton Mowbray, LE14 2QE
Most Expensive Sales
- Sold Apr 2021£610,000 | 4 Bed House6, Mill Lane, Melton Mowbray, LE14 2QE6, Mill Lane, Melton Mowbray, LE14 2QE
- Sold Aug 2013£360,000 | 4 Bed House6, Mill Lane, Melton Mowbray, LE14 2QE6, Mill Lane, Melton Mowbray, LE14 2QE
Nearby Streets
Mill Lane, Somerby, Melton Mowbray, LE14 is the 122nd largest and the 477th most expensive street in the LE14 area.
- Chapel Lane, Somerby, Melton Mowbray, LE148 Addresses|110 m away
- Manor Lane, Somerby, Melton Mowbray, LE147 Addresses|119 m away
- Westview, Somerby, Melton Mowbray, LE1410 Addresses|127 m away
- High Street, Somerby, Melton Mowbray, LE1478 Addresses|136 m away
- The Field, Somerby, Melton Mowbray, LE1419 Addresses|186 m away
- Church Lane, Somerby, Melton Mowbray, LE1425 Addresses|218 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearby
- Somerby Primary School100 m away
- Great Dalby School5.3 km away
- Whissendine Church of England Primary School6.5 km away
- Catmose College7.8 km away
- Long Field Spencer Academy8.8 km away
- John Ferneley College10.7 km away
More reading links
Public Transport Nearby
The closest station to Mill Lane, Somerby, Melton Mowbray, LE14 - LE14 2QE is Oakham station, which is 8.1 kilometres away.
- Oakham|8.1 km away
- Melton Mowbray|8.5 km away
- Syston|15.6 km away
