5, Mill Lane
5, Mill Lane
Description & Estimates
Public records show 5, Mill Lane, Hinckley to be an early-century freehold house with 645 ft2 of internal area, sitting on a 259 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Mill Lane, Hinckley has an estimated sale value of £198,682 and an estimated rental value of £1,044 per month, assuming reasonable condition and based on the information available.
Mill Lane, Sharnford, Hinckley, LE10 lies in the borough of Blaby, within the LE10 postal district.
Our Data Sources
5, Mill Lane, Hinckley has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated October 2021.
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.
Price Range & Condition
In very good condition, we estimate 5, Mill Lane, Hinckley would be worth £208,617, with a potential rental value of £1,097 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £184,775, with a rental value of £971 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Mill Lane, Hinckley has decreased by £1,788 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (3.2%). The property's estimated gross yield is currently 6.3%.
Plot Size
5, Mill Lane, Hinckley occupies a 259 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 16th largest.
Energy Efficiency
5, Mill Lane, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Mill Lane, Hinckley last changed hands on 17th June 2022, selling for £235,500. 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 0.2% since June 2022.
- Sold Jun 2022£235,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 5, Mill Lane, Hinckley across the last 2 years.
Most recently, 33, Leicester Road, Hinckley, LE10 3PP, a freehold house, sold at £144,000 on the 2nd September 2022.
Read more about house prices in LE10.
- Sold Sep 2022£144,000 | 2 Bed House33, Leicester Road, Hinckley, LE10 3PP33, Leicester Road, Hinckley, LE10 3PP
- Sold Sep 2021£185,000 | 3 Bed House23, Mill Lane, Hinckley, LE10 3PS23, Mill Lane, Hinckley, LE10 3PS
- Sold Dec 2017£165,000 | 3 Bed House19, Mill Lane, Hinckley, LE10 3PS19, Mill Lane, Hinckley, LE10 3PS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Mill Lane, Hinckley as the 20th largest and the 20th most expensive of the 20 addresses on Mill Lane, Sharnford, Hinckley, LE10.
Against the LE10 postcode district average, it is £80k less expensive than the typical property.
More reading links
Schools Nearby
- 300mSharnford Church of England Primary School
- 1.2kmAll Saints Church of England Primary School, Sapcote
- 2.8kmManorfield Church of England Primary School
- 4.5kmThomas Estley Community College
- 4.8kmHastings High School
- 5.0kmThe Hinckley School
More reading links
Public Transport Nearby
Hinckley (Leics) station is the nearest stop to 5, Mill Lane, Hinckley at 5.8 kilometres away.
- 5.8kmHinckley (Leics)
- 7.8kmNarborough
- 11.9kmNuneaton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
