28, MILL LANE, WOODHALL SPA, LN10 6QZ - £265,000

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.

28 MILL LANE is a midsized detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £372,236. It was last sold for £265,000 in May 2017, which was around 30% above the average May 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

28 MILL LANE Sold Prices

Land registry data shows two sales for 28 MILL LANE 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 28 MILL LANE sales 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 19 MAY	£265,000	£203,787	30% above HPI
1998 18 DEC	£84,000	£67,466	25% above HPI

28 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 two 28 MILL LANE sales from December 1998 and May 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 1998 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 28 MILL LANE be worth now?

28 MILL LANE might now be worth an estimated £372,236.

This is based on house price inflation of 40.5%, between May 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 40.5% inflationary increase is applied to the most recent sale price for 28 MILL LANE of £265,000 on 19th May 2017. For the value to have increased from £265,000 to £372,236 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 28 MILL LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MILL LANE has not materially changed since May 2017.

How Large is 28 MILL LANE?

28 MILL LANE is 122m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 28 MILL LANE lies on this distribution: 52% of detached houses houses are smaller than 28 MILL LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

28 MILL LANE: Plot and Title Map

28 MILL LANE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 28 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 28 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 28 MILL LANE?

28 MILL LANE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 28 on MILL LANE.