53, Mill Lane
53, Mill Lane
Description & Estimates
53, Mill Lane, Derby is recorded publicly as a mid-century freehold house across 1,582 ft2 of internal area, sitting on a 710 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 53, Mill Lane, Derby is £478,382 and its rental estimate is £1,599 per month, given the available information and assuming reasonable condition.
Mill Lane, Kegworth, Derby, DE74 falls within the DE74 postal district, in the borough of North West Leicestershire.
Our Data Sources
53, Mill Lane, Derby has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated January 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 53, Mill Lane, Derby, we estimate a market value of £502,301 and a rental value of £1,679 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,895 and £1,487 per month respectively.
Recent Market Change
Over the last year, 53, Mill Lane, Derby has seen its estimated sale value decline by £7,054 (1.5%) and its estimated rental value climb by £25 per month (1.5%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 53, Mill Lane, Derby as measuring 710 m2.
That makes it the 7th largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
53, Mill Lane, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 53, Mill Lane, Derby completed on 29th January 2014 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 74.9% over the period since January 2014.
- Sold Jan 2014£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 53, Mill Lane, Derby have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2022, was 18, Bedford Court, Derby, DE74 2YB, a freehold house which sold for £465,000.
Read more about house prices in DE74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 68 addresses on Mill Lane, Kegworth, Derby, DE74, 53, Mill Lane, Derby comes out as the 17th largest and the 17th most expensive in our analysis of the public data.
It is also £160k more expensive than the average property across the DE74 district.
More reading links
Schools Nearby
- 400mKegworth Primary School
- 2.9kmSutton Bonington Primary School
- 3.5kmHemington Primary School
- 4.1kmCastle Donington College
- 6.3kmThe Long Eaton School
- 7.0kmEast Leake Academy
More reading links
Public Transport Nearby
From 53, Mill Lane, Derby, the nearest station is East Midlands Parkway, 3.2 kilometres away.
- 3.2kmEast Midlands Parkway
- 5.5kmLong Eaton
- 8.3kmLoughborough
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
