3, MILLSTONE WAY, WADDINGHAM, GAINSBOROUGH, DN21 4SQ - £260,000

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.

3 MILLSTONE WAY is a small detached house of 100m², which could now be worth an estimated £274,829. It was last sold for £260,000 in April 2022, which was around 6% below the average April 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

3 MILLSTONE WAY Sold Prices

Land registry data shows two sales for 3 MILLSTONE WAY 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. Both of the two 3 MILLSTONE WAY 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
2022 11 APR	£260,000	£275,406	6% below HPI
2013 3 MAY	£162,000	£179,357	10% below HPI

3 MILLSTONE WAY 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 3 MILLSTONE WAY sales from May 2013 and April 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 May 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 MILLSTONE WAY be worth now?

3 MILLSTONE WAY might now be worth an estimated £274,829.

This is based on house price inflation of 5.7%, between April 2022 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 3 MILLSTONE WAY of £260,000 on 11th April 2022. For the value to have increased from £260,000 to £274,829 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 3 MILLSTONE WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLSTONE WAY has not materially changed since April 2022.

How Large is 3 MILLSTONE WAY?

3 MILLSTONE WAY is 100m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddingham, and where 3 MILLSTONE WAY lies on this distribution: 32% of detached houses houses are smaller than 3 MILLSTONE WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

3 MILLSTONE WAY: Plot and Title Map

3 MILLSTONE WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 3 MILLSTONE WAY, 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 MILLSTONE WAY). 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 MILLSTONE WAY?

3 MILLSTONE WAY is located in WADDINGHAM, in the DN21 postcode district. The below map shows the position of No. 3 on MILLSTONE WAY.