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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 around 1% below 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. Both of the two 15 MILLERS WAY 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
2023 25 AUG	£282,500	£286,093	1% below HPI
2018 27 JUL	£162,500	£220,525	26% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 MILLERS WAY be worth now?

15 MILLERS WAY might now be worth an estimated £281,314.

This is based on house price deflation of 0.4%, between August 2023 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% deflationary decrease is applied to the most recent sale price for 15 MILLERS WAY of £282,500 on 25th August 2023. For the value to have decreased from £282,500 to £281,314 over the eight months to December 2024, the following assumptions must hold true:

• The value of 15 MILLERS WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2023 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 15 MILLERS WAY has not materially changed since August 2023.

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 houses in Alford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alford, and where 15 MILLERS WAY lies on this distribution: 16% of detached houses 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.