123, MILL LANE, SAXILBY, LINCOLN, LN1 2HN - £192,000

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

123 MILL LANE is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £192,000 in June 2016, which was around 2% below the average June 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

123 MILL LANE Sold Prices

Land registry data shows four sales for 123 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. two of the four 123 MILL LANE sales were for below the average price, and four 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
2016 17 JUN	£192,000	£196,707	2% below HPI
2015 12 NOV	£192,000	£195,548	2% below HPI
1998 18 SEP	£89,000	£71,242	25% above HPI
1995 14 DEC	£78,000	£59,196	32% above HPI

123 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 four 123 MILL LANE sales between December 1995 and June 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 November 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2016 sale, which was also at 2% below the HPI.

How Large is 123 MILL LANE?

123 MILL LANE is 106m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where 123 MILL LANE lies on this distribution: 41% of detached houses are smaller than 123 MILL LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

123 MILL LANE: Plot and Title Map

123 MILL LANE sits on a plot of roughly 0.282 of an acre, or 1,141m². The below map shows the location of 123 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 123 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 123 MILL LANE?

123 MILL LANE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 123 on MILL LANE.