8, Mill Lane
8, Mill Lane
Description & Estimates
The public record describes 8, Mill Lane, Loughborough as a period apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
8, Mill Lane, Loughborough has an estimated sale value of £82,588 and an estimated rental value of £560 per month, assuming reasonable condition and based on the information available.
Mill Lane, Loughborough, LE11 lies in the borough of Charnwood, within the LE11 postal district.
Our Data Sources
8, Mill Lane, Loughborough has no records in the the Land Registry and a single entry in the EPC database dated July 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Mill Lane, Loughborough would be worth £86,718, with a potential rental value of £588 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £76,807, with a rental value of £520 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 8, Mill Lane, Loughborough has decreased by £35 (0.0%) over the last year. During the same period, its estimated monthly rental value has grown by £9 (1.6%). The property's estimated gross yield is currently 8.1%.
Energy Efficiency
8, Mill Lane, Loughborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 8, Mill Lane, Loughborough across the last 2 years.
Most recently, 15, Mill Lane, Loughborough, LE11 1EL, a leasehold flat, sold at £88,000 on the 28th July 2023.
Read more about house prices in LE11.
- Sold Jul 2023£88,000 | 2 Bed Flat15, Mill Lane, Loughborough, LE11 1EL15, Mill Lane, Loughborough, LE11 1EL
- Sold Jan 2023£85,000 | 2 Bed Flat31, Freehold Street, Loughborough, LE11 1AN31, Freehold Street, Loughborough, LE11 1AN
- Sold Mar 2020£75,000 | 2 Bed Flat27, Chapman Street, Loughborough, LE11 1DD27, Chapman Street, Loughborough, LE11 1DD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Mill Lane, Loughborough as the 68th largest and the 72nd most expensive of the 74 addresses on Mill Lane, Loughborough, LE11.
Against the LE11 postcode district average, it is £163k less expensive than the typical property.
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Schools Nearby
- 400mRendell Primary School
- 500mCobden Primary School & Community Centre
- 1.2kmSaint Mary's Catholic Primary School, Loughborough
- 600mLimehurst Academy
- 2.6kmDe Lisle College Loughborough Leicestershire
- 2.8kmCharnwood College
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Public Transport Nearby
Loughborough station is the nearest stop to 8, Mill Lane, Loughborough at 400 metres away.
- 400mLoughborough
- 4.3kmBarrow-upon-Soar
- 7.8kmSileby
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
