3, MILFOIL LANE, COWBIT, SPALDING, PE12 6XF - £258,000

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

3 MILFOIL LANE is a midsized detached house of 128m², built sometime between 1991 and 1995. It was last sold for £258,000 in February 2020, which was around 10% above the average February 2020 detached price in the South Holland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

3 MILFOIL LANE Sold Prices

Land registry data shows three sales for 3 MILFOIL 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 South Holland local authority area for the corresponding sale date. All of the three 3 MILFOIL 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
2020 25 FEB	£258,000	£233,679	10% above HPI
2006 30 JAN	£189,000	£179,677	5% above HPI
2000 14 MAR	£79,950	£76,506	5% above HPI

3 MILFOIL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 3 MILFOIL LANE sales between March 2000 and February 2020 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 January 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 MILFOIL LANE?

3 MILFOIL LANE is 128m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 3 MILFOIL LANE lies on this distribution: 56% of detached houses are smaller than 3 MILFOIL LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

3 MILFOIL LANE: Plot and Title Map

3 MILFOIL LANE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 3 MILFOIL 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 3 MILFOIL 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 3 MILFOIL LANE?

3 MILFOIL LANE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 3 on MILFOIL LANE.