10, MILFOIL LANE, COWBIT, SPALDING, PE12 6XF - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MILFOIL LANE is a large extended detached house of 155m², built sometime between 1996 and 2002. It was last sold for £225,000 in January 2006, which was around 25% above the average January 2006 detached price in the South Holland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

10 MILFOIL LANE Sold Prices

Land registry data shows two sales for 10 MILFOIL LANE 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. Both of the two 10 MILFOIL LANE 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
2006 23 JAN	£225,000	£179,677	25% above HPI
2002 25 JAN	£127,500	£100,024	27% above HPI

10 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 two 10 MILFOIL LANE sales from January 2002 and January 2006 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 January 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2006 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 10 MILFOIL LANE?

10 MILFOIL LANE is 155m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 10 MILFOIL LANE lies on this distribution: 73% of detached houses are smaller than 10 MILFOIL LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

10 MILFOIL LANE: Plot and Title Map

10 MILFOIL LANE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 10 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 10 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 10 MILFOIL LANE?

10 MILFOIL LANE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 10 on MILFOIL LANE.