45, MILLSTREAM ROAD, HEIGHINGTON, LINCOLN, LN4 1TY - £240,000

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.

45 MILLSTREAM ROAD is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £278,521. It was last sold for £240,000 in October 2020, which was around 8% below the average October 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

45 MILLSTREAM ROAD Sold Prices

Land registry data shows five sales for 45 MILLSTREAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 45 MILLSTREAM ROAD 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 29 OCT	£240,000	£260,877	8% below HPI
2015 19 JUN	£167,500	£199,577	16% below HPI
2008 20 AUG	£159,950	£184,966	14% below HPI
2003 10 APR	£128,500	£134,958	5% below HPI
1998 9 MAY	£58,000	£66,579	13% below HPI

45 MILLSTREAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 45 MILLSTREAM ROAD sales between May 1998 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 June 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 45 MILLSTREAM ROAD be worth now?

45 MILLSTREAM ROAD might now be worth an estimated £278,521.

This is based on house price inflation of 16.1%, between October 2020 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 45 MILLSTREAM ROAD of £240,000 on 29th October 2020. For the value to have increased from £240,000 to £278,521 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 45 MILLSTREAM ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MILLSTREAM ROAD has not materially changed since October 2020.

How Large is 45 MILLSTREAM ROAD?

45 MILLSTREAM ROAD is 72m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heighington, and where 45 MILLSTREAM ROAD lies on this distribution: 11% of detached houses houses are smaller than 45 MILLSTREAM ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Heighington.

45 MILLSTREAM ROAD: Plot and Title Map

45 MILLSTREAM ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 45 MILLSTREAM ROAD, 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 45 MILLSTREAM ROAD). 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 45 MILLSTREAM ROAD?

45 MILLSTREAM ROAD is located in HEIGHINGTON, in the LN4 postcode district. The below map shows the position of No. 45 on MILLSTREAM ROAD.