28, MILFOIL LANE, COWBIT, SPALDING, PE12 6XF - £222,000

28 MILFOIL LANE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £222,000 in June 2021, which was around 13% below the average June 2021 detached price in the South Holland local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

28 MILFOIL LANE Sold Prices

Land registry data shows four sales for 28 MILFOIL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 28 MILFOIL LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 7 JUN	£222,000	£255,436	13% below HPI
2018 27 FEB	£185,000	£226,384	18% below HPI
2013 29 OCT	£144,000	£173,985	17% below HPI
2002 28 MAR	£73,950	£100,218	26% below HPI

28 MILFOIL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four 28 MILFOIL LANE sales between March 2002 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 28 MILFOIL LANE?

28 MILFOIL LANE is 84m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 28 MILFOIL LANE lies on this distribution: 10% of detached houses are smaller than 28 MILFOIL LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

28 MILFOIL LANE: Plot and Title Map

28 MILFOIL LANE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 28 MILFOIL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 28 MILFOIL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 28 MILFOIL LANE?

28 MILFOIL LANE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 28 on MILFOIL LANE.