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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 17, Mill Lane, Lutterworth to be a modern freehold house with 1,216 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
17, Mill Lane, Lutterworth has an estimated sale value of £378,552 and an estimated rental value of £1,509 per month, assuming reasonable condition and based on the information available.
Mill Lane, Gilmorton, Lutterworth, LE17 lies in the borough of Harborough, within the LE17 postal district.
17, Mill Lane, Lutterworth has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 17, Mill Lane, Lutterworth would be worth £397,480, with a potential rental value of £1,585 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £352,053, with a rental value of £1,404 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 17, Mill Lane, Lutterworth has decreased by £2,031 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (1.5%). The property's estimated gross yield is currently 4.8%.
17, Mill Lane, Lutterworth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
17, Mill Lane, Lutterworth last changed hands on 2nd November 2020, selling for £315,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 7.2% since November 2020.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.8 kilometres of 17, Mill Lane, Lutterworth across the last 2 years.
Most recently, 17, Hilly Hollow, Lutterworth, LE17 5SN, a freehold house, sold at £342,995 on the 30th September 2021.
Read more about house prices in LE17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 17, Mill Lane, Lutterworth as the 12th largest and the 11th most expensive of the 16 addresses on Mill Lane, Gilmorton, Lutterworth, LE17.
Against the LE17 postcode district average, it is £6k less expensive than the typical property.
Narborough station is the nearest stop to 17, Mill Lane, Lutterworth at 9.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Mill Lane, Lutterworth, 49.2% of property is privately owned outright and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 17, Mill Lane, Lutterworth, 14.6% of residents are recorded as possessing school level qualifications and 44.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Mill Lane, Lutterworth, the average age was 45.2 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 17, Mill Lane, Lutterworth, 1.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 17, Mill Lane, Lutterworth, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
