3, MILL CLOSE, ROUGHTON MOOR, WOODHALL SPA, LN10 6UT - £299,950

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.

3 MILL CLOSE is a very small detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £363,082. It was last sold for £299,950 in December 2020, which was around 27% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

3 MILL CLOSE Sold Prices

Land registry data shows two sales for 3 MILL CLOSE 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 3 MILL CLOSE 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 15 DEC	£299,950	£236,479	27% above HPI
2006 24 APR	£216,250	£177,109	22% above HPI

3 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 two 3 MILL CLOSE sales from April 2006 and December 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 April 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 MILL CLOSE be worth now?

3 MILL CLOSE might now be worth an estimated £363,082.

This is based on house price inflation of 21%, between December 2020 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 21% inflationary increase is applied to the most recent sale price for 3 MILL CLOSE of £299,950 on 15th December 2020. For the value to have increased from £299,950 to £363,082 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 MILL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL CLOSE has not materially changed since December 2020.

How Large is 3 MILL CLOSE?

3 MILL CLOSE is 89m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% 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 3 MILL CLOSE lies on this distribution: 17% of detached houses houses are smaller than 3 MILL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

3 MILL CLOSE: Plot and Title Map

3 MILL CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 3 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 3 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 3 MILL CLOSE?

3 MILL CLOSE is located in ROUGHTON MOOR, in the LN10 postcode district. The below map shows the position of No. 3 on MILL CLOSE.