MILL HOUSE, WATER GATE, QUADRING, SPALDING, PE11 4PY - £192,500

MILL HOUSE is a very small extended detached house of 92m², built sometime before 1900. It was last sold for £192,500 in September 2012, which was around 13% above the average September 2012 detached price in the South Holland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

MILL HOUSE Sold Prices

Land registry data shows two sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two MILL HOUSE sales was for above the average price, whilst the other was 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
2012 7 SEP	£192,500	£170,399	13% above HPI
2006 3 AUG	£181,500	£184,922	2% below HPI

MILL HOUSE 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 two MILL HOUSE sales from August 2006 and September 2012 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 August 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2012 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Quadring, based on EPC data. The below chart shows the distribution of detached houses by size in Quadring, and where MILL HOUSE lies on this distribution: 14% of detached houses are smaller than MILL HOUSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Quadring.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.298 of an acre, or 1,206m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on WATER GATE in QUADRING, in the PE11 postcode district. The below map shows the position of MILL HOUSE on WATER GATE.