15, MILLERS WAY, ALFORD, LN13 9EU - £282,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 MILLERS WAY is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £282,500 in August 2023, which was about the average August 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

15 MILLERS WAY Sold Prices

Land registry data shows two sales for 15 MILLERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 15 MILLERS WAY sales was roughly equal to the average price, whilst the other was 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
2023 25 AUG	£282,500	£281,984	Close to HPI
2018 27 JUL	£162,500	£217,358	25% below HPI

15 MILLERS WAY 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 two 15 MILLERS WAY sales from July 2018 and August 2023 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 July 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 MILLERS WAY?

15 MILLERS WAY is 73m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 15 MILLERS WAY lies on this distribution: 16% of detached houses are smaller than 15 MILLERS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Alford.

15 MILLERS WAY: Plot and Title Map

15 MILLERS WAY sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 15 MILLERS WAY, 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 MILLERS WAY). 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 MILLERS WAY?

15 MILLERS WAY is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 15 on MILLERS WAY.