48, MILL LANE, WHAPLODE, SPALDING, PE12 6TS - £133,000

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

48 MILL LANE is a small semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £215,931. It was last sold for £133,000 in August 2014, which was around 10% above the average August 2014 semi-detached price in the South Holland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was A.

48 MILL LANE Sold Prices

Land registry data shows three sales for 48 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the three 48 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
2014 8 AUG	£133,000	£121,260	10% above HPI
2004 9 NOV	£126,000	£107,756	17% above HPI
2003 14 FEB	£90,000	£81,314	11% above HPI

48 MILL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The three 48 MILL LANE sales between February 2003 and August 2014 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 November 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 48 MILL LANE be worth now?

48 MILL LANE might now be worth an estimated £215,931.

This is based on house price inflation of 62.4%, between August 2014 and December 2024, for semi-detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.4% inflationary increase is applied to the most recent sale price for 48 MILL LANE of £133,000 on 8th August 2014. For the value to have increased from £133,000 to £215,931 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 48 MILL LANE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The August 2014 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MILL LANE has not materially changed since August 2014.

How Large is 48 MILL LANE?

48 MILL LANE is 89m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of semi-detached houses houses in Whaplode, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whaplode, and where 48 MILL LANE lies on this distribution: 27% of semi-detached houses houses are smaller than 48 MILL LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Whaplode.

48 MILL LANE: Plot and Title Map

48 MILL LANE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 48 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 48 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 48 MILL LANE?

48 MILL LANE is located in WHAPLODE, in the PE12 postcode district. The below map shows the position of No. 48 on MILL LANE.