10A, MILL LANE, CAISTOR, MARKET RASEN, LN7 6UA - £105,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10A MILL LANE is a very small detached house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £143,514. It was last sold for £105,500 in December 2016, which was around 50% below the average December 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

10A MILL LANE Sold Prices

Land registry data shows two sales for 10A 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 10A 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
2016 16 DEC	£105,500	£209,449	50% below HPI
2014 25 FEB	£99,000	£191,771	48% below HPI

10A 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 10A MILL LANE sales from February 2014 and December 2016 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 February 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2016 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 10A MILL LANE be worth now?

10A MILL LANE might now be worth an estimated £143,514.

This is based on house price inflation of 36%, between December 2016 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36% inflationary increase is applied to the most recent sale price for 10A MILL LANE of £105,500 on 16th December 2016. For the value to have increased from £105,500 to £143,514 over the eight years to December 2024, the following assumptions must hold true:

• The value of 10A MILL LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2016 sale price of £105,500 represented a fair market value for the property.
• The size, condition, and specification of 10A MILL LANE has not materially changed since December 2016.

How Large is 10A MILL LANE?

10A MILL LANE is 74m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caistor, and where 10A MILL LANE lies on this distribution: 9% of detached houses houses are smaller than 10A MILL LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Caistor.

10A MILL LANE: Plot and Title Map

10A MILL LANE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 10A 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 10A 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 10A MILL LANE?

10A MILL LANE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 10A on MILL LANE.