36, MILFOIL LANE, COWBIT, SPALDING, PE12 6XF - £272,500

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.

36 MILFOIL LANE is a very small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £273,798. It was last sold for £272,500 in September 2024, which was around 2% below the average September 2024 detached price in the South Holland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was A, and the potential energy rating was A.

36 MILFOIL LANE Sold Prices

Land registry data shows three sales for 36 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 36 MILFOIL LANE 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
2024 27 SEP	£272,500	£276,859	2% below HPI
2012 20 JUL	£160,000	£170,445	6% below HPI
2001 7 DEC	£74,950	£101,051	26% below HPI

36 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 36 MILFOIL LANE sales between December 2001 and September 2024 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 July 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 36 MILFOIL LANE be worth now?

36 MILFOIL LANE might now be worth an estimated £273,798.

This is based on house price inflation of 0.5%, between September 2024 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 36 MILFOIL LANE of £272,500 on 27th September 2024. For the value to have increased from £272,500 to £273,798 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 36 MILFOIL LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2024 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 36 MILFOIL LANE has not materially changed since September 2024.

How Large is 36 MILFOIL LANE?

36 MILFOIL LANE is 91m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowbit, and where 36 MILFOIL LANE lies on this distribution: 15% of detached houses houses are smaller than 36 MILFOIL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

36 MILFOIL LANE: Plot and Title Map

36 MILFOIL LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 36 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 36 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 36 MILFOIL LANE?

36 MILFOIL LANE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 36 on MILFOIL LANE.