15, MILLBECK DRIVE, LINCOLN, LN2 4UN - £152,000

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

15 MILLBECK DRIVE is a small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £152,000 in September 2005, which was around 15% below the average September 2005 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

15 MILLBECK DRIVE Sold Prices

Land registry data shows two sales for 15 MILLBECK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 15 MILLBECK DRIVE 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
2005 30 SEP	£152,000	£179,860	15% below HPI
1997 17 DEC	£60,000	£67,151	11% below HPI

15 MILLBECK DRIVE 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 two 15 MILLBECK DRIVE sales from December 1997 and September 2005 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 December 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2005 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 MILLBECK DRIVE?

15 MILLBECK DRIVE is 76m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 15 MILLBECK DRIVE lies on this distribution: 20% of detached houses are smaller than 15 MILLBECK DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 MILLBECK DRIVE: Plot and Title Map

15 MILLBECK DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 15 MILLBECK DRIVE, 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 15 MILLBECK DRIVE). 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 15 MILLBECK DRIVE?

15 MILLBECK DRIVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 15 on MILLBECK DRIVE.