138, MILL LANE, NORTH HYKEHAM, LINCOLN, LN6 9PE - £211,500

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

138 MILL LANE is a small extended semi-detached house of 92m², built sometime between 1930 and 1949. It was last sold for £211,500 in March 2021, which was around 22% below the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

138 MILL LANE Sold Prices

Land registry data shows five sales for 138 MILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 138 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
2021 12 MAR	£211,500	£272,889	22% below HPI
2016 3 NOV	£172,000	£222,087	23% below HPI
2015 27 NOV	£145,000	£211,957	32% below HPI
2015 27 MAR	£125,000	£199,271	37% below HPI
2005 6 JUN	£191,000	£180,417	6% above HPI

138 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 five 138 MILL LANE sales between June 2005 and March 2021 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 138 MILL LANE?

138 MILL LANE is 92m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% 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 138 MILL LANE lies on this distribution: 36% of detached houses are smaller than 138 MILL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

138 MILL LANE: Plot and Title Map

138 MILL LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 138 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 138 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 138 MILL LANE?

138 MILL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 138 on MILL LANE.