108A, MILL LANE, NORTH HYKEHAM, LINCOLN, LN6 9PE - £237,500

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

108A MILL LANE is a midsized detached house of 105m². It was last sold for £237,500 in December 2017, which was around 2% below the average December 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

108A MILL LANE Sold Prices

Land registry data shows three sales for 108A MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 108A MILL LANE sales was for below the average price, whilst two 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
2017 21 DEC	£237,500	£243,033	2% below HPI
2015 30 NOV	£240,000	£211,957	13% above HPI
1999 19 NOV	£84,000	£72,192	16% above HPI

108A MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 108A MILL LANE sales between November 1999 and December 2017 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 November 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 108A MILL LANE?

108A MILL LANE is 105m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 108A MILL LANE lies on this distribution: 52% of detached houses are smaller than 108A MILL LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

108A MILL LANE: Plot and Title Map

108A MILL LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 108A 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 108A 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 108A MILL LANE?

108A MILL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 108A on MILL LANE.