5, MILL MERE ROAD, CORRINGHAM, GAINSBOROUGH, DN21 5QZ - £225,000

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

5 MILL MERE ROAD is a small extended detached house of 127m², built sometime before 1900. It was last sold for £225,000 in February 2018, which was around 4% above the average February 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

5 MILL MERE ROAD Sold Prices

Land registry data shows three sales for 5 MILL MERE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 5 MILL MERE ROAD sales were for above the average price, whilst one was 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
2018 16 FEB	£225,000	£216,492	4% above HPI
2014 16 JUN	£178,150	£184,269	3% below HPI
1997 27 MAY	£85,000	£64,506	32% above HPI

5 MILL MERE ROAD 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 three 5 MILL MERE ROAD sales between May 1997 and February 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 June 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 5 MILL MERE ROAD?

5 MILL MERE ROAD is 127m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Corringham, based on EPC data. The below chart shows the distribution of detached houses by size in Corringham, and where 5 MILL MERE ROAD lies on this distribution: 32% of detached houses are smaller than 5 MILL MERE ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Corringham.

5 MILL MERE ROAD: Plot and Title Map

5 MILL MERE ROAD sits on a plot of roughly 244.2 acres, or 988,072m². The below map shows the location of 5 MILL MERE 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 5 MILL MERE 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 5 MILL MERE ROAD?

5 MILL MERE ROAD is located in CORRINGHAM, in the DN21 postcode district. The below map shows the position of No. 5 on MILL MERE ROAD.