38, MILL LANE, EAST HALTON, IMMINGHAM, DN40 3QA - £245,000

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

38 MILL LANE is a midsized detached house of 127m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2022, which was around 1% below the average October 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

38 MILL LANE Sold Prices

Land registry data shows four sales for 38 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. Most of the four 38 MILL 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
2022 20 OCT	£245,000	£246,567	1% below HPI
2021 30 APR	£190,000	£215,925	12% below HPI
2007 31 MAY	£169,950	£166,909	2% above HPI
2002 18 DEC	£79,500	£97,453	18% below HPI

38 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The four 38 MILL LANE sales between December 2002 and October 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 April 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 38 MILL LANE?

38 MILL LANE is 127m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in East Halton, based on EPC data. The below chart shows the distribution of detached houses by size in East Halton, and where 38 MILL LANE lies on this distribution: 57% of detached houses are smaller than 38 MILL LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in East Halton.

38 MILL LANE: Plot and Title Map

38 MILL LANE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 38 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 38 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 38 MILL LANE?

38 MILL LANE is located in EAST HALTON, in the DN40 postcode district. The below map shows the position of No. 38 on MILL LANE.