30, MILL LANE, NORTH HYKEHAM, LINCOLN, LN6 9PD - £390,000

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

30 MILL LANE is a very large extended detached house of 153m², built sometime between 1900 and 1929. It was last sold for £390,000 in December 2022, which was around 22% above the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

30 MILL LANE Sold Prices

Land registry data shows three sales for 30 MILL 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 North Kesteven local authority area for the corresponding sale date. Two of the three 30 MILL LANE sales were for above the average price, whilst one was 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 9 DEC	£390,000	£319,772	22% above HPI
2017 28 SEP	£295,000	£234,209	26% above HPI
1995 20 OCT	£38,950	£62,848	38% below HPI

30 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 30 MILL LANE sales between October 1995 and December 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 September 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 30 MILL LANE?

30 MILL LANE is 153m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 30 MILL LANE lies on this distribution: 88% of detached houses are smaller than 30 MILL LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

30 MILL LANE: Plot and Title Map

30 MILL LANE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 30 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 30 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 30 MILL LANE?

30 MILL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 30 on MILL LANE.