50, MILLFIELD AVENUE, SAXILBY, LINCOLN, LN1 2QN - £125,000

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

50 MILLFIELD AVENUE is a very small extended detached house of 59m², built sometime between 1967 and 1975. It was last sold for £125,000 in May 2011, which was around 31% below the average May 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

50 MILLFIELD AVENUE Sold Prices

Land registry data shows two sales for 50 MILLFIELD AVENUE 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 50 MILLFIELD AVENUE 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
2011 27 MAY	£125,000	£180,380	31% below HPI
2009 30 APR	£122,500	£169,871	28% below HPI

50 MILLFIELD AVENUE 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 50 MILLFIELD AVENUE sales from April 2009 and May 2011 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 April 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 50 MILLFIELD AVENUE?

50 MILLFIELD AVENUE is 59m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where 50 MILLFIELD AVENUE lies on this distribution: 2% of detached houses are smaller than 50 MILLFIELD AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

50 MILLFIELD AVENUE: Plot and Title Map

50 MILLFIELD AVENUE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 50 MILLFIELD AVENUE, 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 50 MILLFIELD AVENUE). 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 50 MILLFIELD AVENUE?

50 MILLFIELD AVENUE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 50 on MILLFIELD AVENUE.