31, Mill Lane
31, Mill Lane
Description & Estimates
According to the public record, 31, Mill Lane, Derby is an early-century freehold house with 1,184 ft2 of internal area and sits on a 414 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Mill Lane, Derby is £293,875 and the estimated rental value is £1,414 per month.
Mill Lane, Kegworth, Derby, DE74 is located in the borough of North West Leicestershire within the DE74 postal district.
Our Data Sources
31, Mill Lane, Derby has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 31, Mill Lane, Derby is in very good condition we estimate a sale value of £308,568 and a rental value of £1,485 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,303 and a rental value of £1,315 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 31, Mill Lane, Derby has dropped by £4,333 (1.5%), while its estimated rental value has risen by £22 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Plot Size
According to data from HM Land Registry, 31, Mill Lane, Derby sits on a plot of 414 m2.
We have plot size data on 31 out of 46 other houses in the postcode and 31, Mill Lane, Derby sits on the 12th largest plot.
Energy Efficiency
31, Mill Lane, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 31, Mill Lane, Derby was last sold on 23rd April 2014 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2014, the market for similar properties has risen by 72.1%.
- Sold Apr 2014£190,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Mill Lane, Derby within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 38, Mill Lane, Derby, DE74 2FX, a freehold house which sold for £265,000 on the 24th May 2024.
Read more about house prices in DE74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mill Lane, Kegworth, Derby, DE74 has a total of 68 addresses. According to our analysis of all the public data, 31, Mill Lane, Derby is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in DE74.
More reading links
Schools Nearby
- 600mKegworth Primary School
- 3.1kmSutton Bonington Primary School
- 3.5kmHemington Primary School
- 4.1kmCastle Donington College
- 6.0kmThe Long Eaton School
- 6.9kmEast Leake Academy
More reading links
Public Transport Nearby
The closest station to 31, Mill Lane, Derby is East Midlands Parkway station, which is 2.9 kilometres away.
- 2.9kmEast Midlands Parkway
- 5.2kmLong Eaton
- 8.1kmAttenborough
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
