60, MILL LANE, WOODHALL SPA, LN10 6QZ - £475,000

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

60 MILL LANE is a very large detached house of 188m². It was last sold for £475,000 in April 2020, which was around 115% above the average April 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was B.

60 MILL LANE Sold Prices

Land registry data shows two sales for 60 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 East Lindsey local authority area for the corresponding sale date. One of the two 60 MILL LANE sales was for above the average price, whilst the other 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
2020 29 APR	£475,000	£220,643	115% above HPI
2019 22 MAR	£95,000	£226,985	58% below HPI

60 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 60 MILL LANE sales from March 2019 and April 2020 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 March 2019 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the April 2020 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is 60 MILL LANE?

60 MILL LANE is 188m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 60 MILL LANE lies on this distribution: 86% of detached houses are smaller than 60 MILL LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

60 MILL LANE: Plot and Title Map

60 MILL LANE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 60 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 60 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 60 MILL LANE?

60 MILL LANE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 60 on MILL LANE.