6, MILLFIELD CLOSE, TEALBY, MARKET RASEN, LN8 3XQ - £455,000

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

6 MILLFIELD CLOSE is a small detached house of 124m². It was last sold for £455,000 in July 2024, which was around 64% above the average July 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

6 MILLFIELD CLOSE Sold Prices

Land registry data shows two sales for 6 MILLFIELD CLOSE 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 6 MILLFIELD CLOSE 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
2024 26 JUL	£455,000	£277,192	64% above HPI
2021 26 FEB	£409,000	£247,515	65% above HPI

6 MILLFIELD CLOSE 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 6 MILLFIELD CLOSE sales from February 2021 and July 2024 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 February 2021 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 2024 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 6 MILLFIELD CLOSE?

6 MILLFIELD CLOSE is 124m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 6 MILLFIELD CLOSE lies on this distribution: 27% of detached houses are smaller than 6 MILLFIELD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Tealby.

6 MILLFIELD CLOSE: Plot and Title Map

6 MILLFIELD CLOSE sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of 6 MILLFIELD CLOSE, 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 MILLFIELD CLOSE). 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 MILLFIELD CLOSE?

6 MILLFIELD CLOSE is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 6 on MILLFIELD CLOSE.