2, EAST MILL GATE, CHERRY WILLINGHAM, LINCOLN, LN3 4BZ - £307,500

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

2 EAST MILL GATE is a midsized detached house of 100m², built sometime between 1991 and 1995. It was last sold for £307,500 in June 2022, which was around 10% above the average June 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

2 EAST MILL GATE Sold Prices

Land registry data shows two sales for 2 EAST MILL GATE 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. One of the two 2 EAST MILL GATE sales was for above 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
2022 7 JUN	£307,500	£279,524	10% above HPI
2009 12 JUN	£170,000	£175,351	3% below HPI

2 EAST MILL GATE 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 2 EAST MILL GATE sales from June 2009 and June 2022 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 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 EAST MILL GATE?

2 EAST MILL GATE is 100m² according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 2 EAST MILL GATE lies on this distribution: 54% of detached houses are smaller than 2 EAST MILL GATE, and 45% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

2 EAST MILL GATE: Plot and Title Map

2 EAST MILL GATE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 EAST MILL GATE, 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 2 EAST MILL GATE). 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 2 EAST MILL GATE?

2 EAST MILL GATE is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 2 on EAST MILL GATE.