4, MILLSTONE WAY, WADDINGHAM, GAINSBOROUGH, DN21 4SQ - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 MILLSTONE WAY is a small extended detached house of 91m², built sometime between 2007 and 2011. It was last sold for £250,000 in August 2022, which was around 13% below the average August 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

4 MILLSTONE WAY Sold Prices

Land registry data shows two sales for 4 MILLSTONE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 4 MILLSTONE WAY 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 12 AUG	£250,000	£288,934	13% below HPI
2014 10 FEB	£155,000	£189,020	18% below HPI

4 MILLSTONE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 4 MILLSTONE WAY sales from February 2014 and August 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 February 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 MILLSTONE WAY?

4 MILLSTONE WAY is 91m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses by size in Waddingham, and where 4 MILLSTONE WAY lies on this distribution: 24% of detached houses are smaller than 4 MILLSTONE WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

4 MILLSTONE WAY: Plot and Title Map

4 MILLSTONE WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 4 MILLSTONE WAY, 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 MILLSTONE WAY). 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 MILLSTONE WAY?

4 MILLSTONE WAY is located in WADDINGHAM, in the DN21 postcode district. The below map shows the position of No. 4 on MILLSTONE WAY.