100, MILL LANE, SAXILBY, LINCOLN, LN1 2QQ - £216,000

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

100 MILL LANE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £216,000 in May 2019, which was around 3% below the average May 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

100 MILL LANE Sold Prices

Land registry data shows two sales for 100 MILL 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 West Lindsey local authority area for the corresponding sale date. Both of the two 100 MILL 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
2019 21 MAY	£216,000	£222,264	3% below HPI
2017 25 AUG	£202,000	£219,434	8% below HPI

100 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 100 MILL LANE sales from August 2017 and May 2019 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 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 100 MILL LANE?

100 MILL LANE is 86m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where 100 MILL LANE lies on this distribution: 19% of detached houses are smaller than 100 MILL LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

100 MILL LANE: Plot and Title Map

100 MILL LANE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 100 MILL 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 100 MILL 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 100 MILL LANE?

100 MILL LANE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 100 on MILL LANE.