62, MILL LANE, WOODHALL SPA, LN10 6QZ - £365,000

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

62 MILL LANE is a small extended detached house of 109m², built sometime before 1900. It was last sold for £365,000 in September 2021, which was around 49% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

62 MILL LANE Sold Prices

Land registry data shows three sales for 62 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 62 MILL 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 27 SEP	£365,000	£245,698	49% above HPI
2016 29 JUL	£267,500	£189,070	41% above HPI
1998 21 DEC	£90,500	£66,497	36% above HPI

62 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 three 62 MILL LANE sales between December 1998 and September 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 July 2016 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2021 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 62 MILL LANE?

62 MILL LANE is 109m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% 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 62 MILL LANE lies on this distribution: 37% of detached houses are smaller than 62 MILL LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

62 MILL LANE: Plot and Title Map

62 MILL LANE sits on a plot of roughly 0.260 of an acre, or 1,052m². The below map shows the location of 62 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 62 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 62 MILL LANE?

62 MILL LANE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 62 on MILL LANE.