Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 MILL HOUSE LANE is a very large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £260,000 in August 2021, which was around 15% above the average August 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 MILL HOUSE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. One of the three 1 MILL HOUSE LANE sales was for above the average price, whilst two 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 24 AUG | £260,000 | £226,339 | 15% above HPI |
1999 30 JUL | £53,500 | £65,191 | 18% below HPI |
1999 22 JUL | £42,000 | £65,191 | 36% below HPI |
The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The three 1 MILL HOUSE LANE sales between July 1999 and August 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 July 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
1 MILL HOUSE LANE is 154m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Winterton, based on EPC data. The below chart shows the distribution of detached houses by size in Winterton, and where 1 MILL HOUSE LANE lies on this distribution: 85% of detached houses are smaller than 1 MILL HOUSE LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Winterton.
1 MILL HOUSE LANE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 MILL HOUSE 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 1 MILL HOUSE 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.
1 MILL HOUSE LANE is located in WINTERTON, in the DN15 postcode district. The below map shows the position of No. 1 on MILL HOUSE LANE.