28, MILLBECK DRIVE, LINCOLN, LN2 4UN - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 MILLBECK DRIVE is a midsized detached house of 98m², built sometime between 1991 and 1995. It was last sold for £225,000 in February 2021, which was around 9% below the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

28 MILLBECK DRIVE Sold Prices

Land registry data shows three sales for 28 MILLBECK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 28 MILLBECK DRIVE 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
2021 23 FEB	£225,000	£247,515	9% below HPI
2020 26 AUG	£225,000	£232,184	3% below HPI
2009 4 DEC	£153,000	£177,240	14% below HPI

28 MILLBECK DRIVE 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 three 28 MILLBECK DRIVE sales between December 2009 and February 2021 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 August 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 28 MILLBECK DRIVE?

28 MILLBECK DRIVE is 98m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 28 MILLBECK DRIVE lies on this distribution: 46% of detached houses are smaller than 28 MILLBECK DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

28 MILLBECK DRIVE: Plot and Title Map

28 MILLBECK DRIVE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 28 MILLBECK DRIVE, 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 MILLBECK DRIVE). 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 MILLBECK DRIVE?

28 MILLBECK DRIVE is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 28 on MILLBECK DRIVE.