114, MILL LANE, NORTH HYKEHAM, LINCOLN, LN6 9PE - £147,450

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

114 MILL LANE is a midsized extended semi-detached house of 106m², built sometime between 1930 and 1949. It was last sold for £147,450 in September 2013, which was around 21% below the average September 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

114 MILL LANE Sold Prices

Land registry data shows three sales for 114 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. All of the three 114 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
2013 30 SEP	£147,450	£187,148	21% below HPI
2004 19 MAR	£147,000	£158,723	7% below HPI
2002 8 FEB	£86,950	£96,754	10% below HPI

114 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 114 MILL LANE sales between February 2002 and September 2013 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 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 114 MILL LANE?

114 MILL LANE is 106m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 114 MILL LANE lies on this distribution: 52% of detached houses are smaller than 114 MILL LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

114 MILL LANE: Plot and Title Map

114 MILL LANE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 114 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 114 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 114 MILL LANE?

114 MILL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 114 on MILL LANE.