4, MILL LANE, HORBLING, SLEAFORD, NG34 0PP - £300,000

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

4 MILL LANE is a midsized extended detached house of 166m², built sometime between 2003 and 2006. It was last sold for £300,000 in November 2018, which was around 3% below the average November 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

4 MILL LANE Sold Prices

Land registry data shows two sales for 4 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 South Kesteven local authority area for the corresponding sale date. One of the two 4 MILL LANE sales was for below the average price, whilst the other was 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
2018 23 NOV	£300,000	£307,895	3% below HPI
2003 18 JUL	£240,000	£179,990	33% above HPI

4 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 4 MILL LANE sales from July 2003 and November 2018 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 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 MILL LANE?

4 MILL LANE is 166m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Horbling, based on EPC data. The below chart shows the distribution of detached houses by size in Horbling, and where 4 MILL LANE lies on this distribution: 59% of detached houses are smaller than 4 MILL LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Horbling.

4 MILL LANE: Plot and Title Map

4 MILL LANE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 4 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 4 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 4 MILL LANE?

4 MILL LANE is located in HORBLING, in the NG34 postcode district. The below map shows the position of No. 4 on MILL LANE.