4, THE MILLFIELD, HIBALDSTOW, BRIGG, DN20 9QD - £136,500

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.

4 THE MILLFIELD is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £167,447. It was last sold for £136,500 in May 2020, which was around 32% below the average May 2020 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE MILLFIELD Sold Prices

Land registry data shows two sales for 4 THE MILLFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two 4 THE MILLFIELD 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
2020 15 MAY	£136,500	£201,689	32% below HPI
1997 14 OCT	£43,750	£61,582	29% below HPI

4 THE MILLFIELD 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 two 4 THE MILLFIELD sales from October 1997 and May 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 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 4 THE MILLFIELD be worth now?

4 THE MILLFIELD might now be worth an estimated £167,447.

This is based on house price inflation of 22.7%, between May 2020 and February 2025, for detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 4 THE MILLFIELD of £136,500 on 15th May 2020. For the value to have increased from £136,500 to £167,447 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 4 THE MILLFIELD has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The May 2020 sale price of £136,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE MILLFIELD has not materially changed since May 2020.

How Large is 4 THE MILLFIELD?

4 THE MILLFIELD is 62m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses houses in Hibaldstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hibaldstow, and where 4 THE MILLFIELD lies on this distribution: 5% of detached houses houses are smaller than 4 THE MILLFIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Hibaldstow.

4 THE MILLFIELD: Plot and Title Map

4 THE MILLFIELD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 4 THE MILLFIELD, 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 THE MILLFIELD). 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 THE MILLFIELD?

4 THE MILLFIELD is located in HIBALDSTOW, in the DN20 postcode district. The below map shows the position of No. 4 on THE MILLFIELD.