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
12 MILL LANE is a very small detached house of 57m², built sometime between 2003 and 2006. It was last sold for £104,760 in October 2011, which was around 32% below the average October 2011 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 12 MILL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the three 12 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 |
---|---|---|---|
2011 31 OCT | £104,760 | £155,015 | 32% below HPI |
2003 10 APR | £83,000 | £103,997 | 20% below HPI |
2001 11 JUN | £48,500 | £72,883 | 33% below HPI |
The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The three 12 MILL LANE sales between June 2001 and October 2011 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 April 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
12 MILL LANE is 57m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in South Ferriby, based on EPC data. The below chart shows the distribution of detached houses by size in South Ferriby, and where 12 MILL LANE lies on this distribution: 9% of detached houses are smaller than 12 MILL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in South Ferriby.
12 MILL LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 12 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 12 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.
12 MILL LANE is located in SOUTH FERRIBY, in the DN18 postcode district. The below map shows the position of No. 12 on MILL LANE.