According to the public record, 23, Mill Lane, Hinckley is a early-century freehold house and with 731 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Sharnford, Hinckley, LE10 is located in the borough of Blaby within the LE10 postal district.
23, Mill Lane, Hinckley has 31 entries in the Land Registry database, most recently in September 2021 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Mill Lane Hinckley as £232,954 and the rental value as £1,006 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 23 Mill Lane Hinckley has decreased by £3,137 (1.3%) and its rental value has increased by £38 per month (3.8%).
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 23, Mill Lane, Hinckley is in very good condition we estimate a sale value of £244,602 and rental value of £1,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,647 and a rental value of £936 per month.
If you were able to purchase this property for the estimated value of £232,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,145 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 23, Mill Lane, Hinckley sits on a plot of 272m2.
We have plot size data on 12 out of 19 other houses in the postcode and 23, Mill Lane, Hinckley sits on the 8th largest plot.
According to HM Land Registry, 23, Mill Lane, Hinckley was last sold on 22 Sep 2021 for £185,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Mill Lane, Hinckley within a radius of 57m over the last 2 years.
The most recent example is 5, Mill Lane, Hinckley, LE10 3PS, a Freehold house which sold for £235,500 in Jun 2022.
Read more about house prices in LE10.
Mill Lane, Sharnford, Hinckley, LE10 has a total of 20 addresses. According to our analysis of all the public data, 23, Mill Lane, Hinckley is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in LE10.
23, Mill Lane, Hinckley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 23, Mill Lane, Hinckley is Hinckley (Leics) station which is 5.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Mill Lane, Hinckley, 39.9% of property is privately owned outright and 31.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 23, Mill Lane, Hinckley, 15.2% of residents are recorded as possessing school level qualifications and 36.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Mill Lane, Hinckley, the average age was 42.2 and the most common age was 52.
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 23, Mill Lane, Hinckley, 1.4% 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 23, Mill Lane, Hinckley, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.