14, MILL LANE, WOODHALL SPA, LN10 6QZ - £249,950

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

14 MILL LANE is a large extended detached house of 146m², built sometime before 1900. It was last sold for £249,950 in April 2014, which was around 46% above the average April 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

14 MILL LANE Sold Prices

Land registry data shows five sales for 14 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 East Lindsey local authority area for the corresponding sale date. All of the five 14 MILL LANE sales 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
2014 4 APR	£249,950	£171,205	46% above HPI
2007 21 SEP	£215,000	£191,268	12% above HPI
2002 15 NOV	£155,000	£117,182	32% above HPI
2001 2 AUG	£119,950	£83,628	43% above HPI
1998 1 JUN	£78,000	£62,599	25% above HPI

14 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 14 MILL LANE sales between June 1998 and April 2014 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 September 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2014 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 14 MILL LANE?

14 MILL LANE is 146m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 14 MILL LANE lies on this distribution: 73% of detached houses are smaller than 14 MILL LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

14 MILL LANE: Plot and Title Map

14 MILL LANE sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 14 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 14 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 14 MILL LANE?

14 MILL LANE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 14 on MILL LANE.