17, MILL LANE, HOGSTHORPE, SKEGNESS, PE24 5NF - £167,500

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

17 MILL LANE is a large detached house of 104m², built sometime between 1967 and 1975. It was last sold for £167,500 in March 2007, which was around 8% below the average March 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was D.

17 MILL LANE Sold Prices

Land registry data shows three sales for 17 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 17 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
2007 30 MAR	£167,500	£183,016	8% below HPI
2005 14 JUN	£155,000	£168,664	8% below HPI
1995 23 FEB	£45,000	£59,061	24% below HPI

17 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 three 17 MILL LANE sales between February 1995 and March 2007 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 June 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2007 sale, which was also at 8% below the HPI.

How Large is 17 MILL LANE?

17 MILL LANE is 104m² according to the EPC inspection conducted in September 2024. This puts it in the largest 30% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where 17 MILL LANE lies on this distribution: 73% of detached houses are smaller than 17 MILL LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

17 MILL LANE: Plot and Title Map

17 MILL LANE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 17 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 17 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 17 MILL LANE?

17 MILL LANE is located in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of No. 17 on MILL LANE.