1, MILLERS GATE, SIBSEY, BOSTON, PE22 0TP - £410,000

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 MILLERS GATE is a very large extended detached house of 273m², built sometime between 1991 and 1995. It was last sold for £410,000 in April 2021, which was around 76% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

1 MILLERS GATE Sold Prices

Land registry data shows three sales for 1 MILLERS GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 1 MILLERS GATE sales were for above 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 16 APR	£410,000	£232,750	76% above HPI
2018 2 MAR	£335,000	£207,278	62% above HPI
1997 18 DEC	£140,000	£61,463	128% above HPI

1 MILLERS GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 1 MILLERS GATE sales between December 1997 and April 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 March 2018 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the April 2021 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 1 MILLERS GATE?

1 MILLERS GATE is 273m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Sibsey, based on EPC data. The below chart shows the distribution of detached houses by size in Sibsey, and where 1 MILLERS GATE lies on this distribution: 99% of detached houses are smaller than 1 MILLERS GATE, and 1% of houses are larger. Note that EPC data is not available for all properties in Sibsey.

1 MILLERS GATE: Plot and Title Map

1 MILLERS GATE sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 1 MILLERS GATE, 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 MILLERS GATE). 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 1 MILLERS GATE?

1 MILLERS GATE is located in SIBSEY, in the PE22 postcode district. The below map shows the position of No. 1 on MILLERS GATE.