65, MILL LANE, WOODHALL SPA, LN10 6QZ - £197,500

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

65 MILL LANE is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £197,500 in November 2019, which was around 12% below the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

65 MILL LANE Sold Prices

Land registry data shows three sales for 65 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. Two of the three 65 MILL LANE sales were for below the average price, whilst one was 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
2019 22 NOV	£197,500	£225,476	12% below HPI
2011 2 SEP	£180,000	£168,640	7% above HPI
2006 2 NOV	£155,000	£176,362	12% below HPI

65 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 65 MILL LANE sales between November 2006 and November 2019 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 September 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 65 MILL LANE?

65 MILL LANE is 88m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 65 MILL LANE lies on this distribution: 16% of detached houses are smaller than 65 MILL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

65 MILL LANE: Plot and Title Map

65 MILL LANE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 65 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 65 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 65 MILL LANE?

65 MILL LANE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 65 on MILL LANE.