53A, MILL LANE, WHAPLODE, SPALDING, PE12 6TS - £98,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53A MILL LANE is a very small detached house of 74m², built sometime between 2007 and 2011. It was last sold for £98,000 in December 2022, which was around 67% below the average December 2022 detached price in the South Holland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

53A MILL LANE Sold Prices

Land registry data shows two sales for 53A MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 53A MILL LANE 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
2022 16 DEC	£98,000	£300,425	67% below HPI
2014 1 OCT	£120,000	£181,718	34% below HPI

53A MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 53A MILL LANE sales from October 2014 and December 2022 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 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2022 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 53A MILL LANE?

53A MILL LANE is 74m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Whaplode, based on EPC data. The below chart shows the distribution of detached houses by size in Whaplode, and where 53A MILL LANE lies on this distribution: 14% of detached houses are smaller than 53A MILL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Whaplode.

53A MILL LANE: Plot and Title Map

53A MILL LANE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 53A 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 53A 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 53A MILL LANE?

53A MILL LANE is located in WHAPLODE, in the PE12 postcode district. The below map shows the position of No. 53A on MILL LANE.