38, MILL LANE, SOUTHPORT, PR9 7PE - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 MILL LANE is a midsized detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £456,351. It was last sold for £350,000 in October 2020, which was around 17% above the average October 2020 detached price in the Sefton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

38 MILL LANE Sold Prices

Land registry data shows two sales for 38 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. Both of the two 38 MILL LANE 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 30 OCT	£350,000	£297,920	17% above HPI
2001 22 OCT	£163,500	£128,629	27% above HPI

38 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The two 38 MILL LANE sales from October 2001 and October 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 October 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 38 MILL LANE be worth now?

38 MILL LANE might now be worth an estimated £456,351.

This is based on house price inflation of 30.4%, between October 2020 and December 2024, for detached houses, in the Sefton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.4% inflationary increase is applied to the most recent sale price for 38 MILL LANE of £350,000 on 30th October 2020. For the value to have increased from £350,000 to £456,351 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 38 MILL LANE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The October 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MILL LANE has not materially changed since October 2020.

How Large is 38 MILL LANE?

38 MILL LANE is 136m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Southport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southport, and where 38 MILL LANE lies on this distribution: 51% of detached houses houses are smaller than 38 MILL LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Southport.

38 MILL LANE: Plot and Title Map

38 MILL LANE sits on a plot of roughly 0.190 of an acre, or 770m². 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 SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 38 on MILL LANE.