6, MILFOIL LANE, COWBIT, SPALDING, PE12 6XF - £322,500

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

6 MILFOIL LANE is a large detached house of 136m², built sometime between 1996 and 2002. It was last sold for £322,500 in August 2021, which was around 24% above the average August 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

6 MILFOIL LANE Sold Prices

Land registry data shows two sales for 6 MILFOIL 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 6 MILFOIL 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
2021 19 AUG	£322,500	£261,111	24% above HPI
2001 17 AUG	£122,500	£97,348	26% above HPI

6 MILFOIL 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 6 MILFOIL LANE sales from August 2001 and August 2021 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 August 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 6 MILFOIL LANE?

6 MILFOIL LANE is 136m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 6 MILFOIL LANE lies on this distribution: 65% of detached houses are smaller than 6 MILFOIL LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

6 MILFOIL LANE: Plot and Title Map

6 MILFOIL LANE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 6 MILFOIL 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 6 MILFOIL 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 6 MILFOIL LANE?

6 MILFOIL LANE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 6 on MILFOIL LANE.