19, MILL CLOSE, WAINFLEET, SKEGNESS, PE24 4NY - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

19 MILL CLOSE is a small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £236,935. It was last sold for £170,000 in June 2017, which was around 17% below the average June 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

19 MILL CLOSE Sold Prices

Land registry data shows three sales for 19 MILL CLOSE 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. One of the three 19 MILL CLOSE sales was for below the average price, whilst two 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
2017 22 JUN	£170,000	£205,385	17% below HPI
2014 8 DEC	£185,000	£178,946	3% above HPI
2003 21 MAR	£144,500	£123,071	17% above HPI

19 MILL CLOSE 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 19 MILL CLOSE sales between March 2003 and June 2017 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 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 19 MILL CLOSE be worth now?

19 MILL CLOSE might now be worth an estimated £236,935.

This is based on house price inflation of 39.4%, between June 2017 and February 2025, 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 39.4% inflationary increase is applied to the most recent sale price for 19 MILL CLOSE of £170,000 on 22nd June 2017. For the value to have increased from £170,000 to £236,935 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 19 MILL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 19 MILL CLOSE has not materially changed since June 2017.

How Large is 19 MILL CLOSE?

19 MILL CLOSE is 81m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wainfleet All Saints, and where 19 MILL CLOSE lies on this distribution: 33% of detached houses houses are smaller than 19 MILL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

19 MILL CLOSE: Plot and Title Map

19 MILL CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 19 MILL CLOSE, 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 19 MILL CLOSE). 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 19 MILL CLOSE?

19 MILL CLOSE is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 19 on MILL CLOSE.