6A, MILL LANE, MARTIN, LINCOLN, LN4 3QZ - £375,000

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

6A MILL LANE is a large detached house of 190m². It was last sold for £375,000 in May 2021, which was around 38% above the average May 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

6A MILL LANE Sold Prices

Land registry data shows two sales for 6A 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 North Kesteven local authority area for the corresponding sale date. Both of the two 6A 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 4 MAY	£375,000	£271,609	38% above HPI
2011 19 AUG	£325,000	£181,287	79% above HPI

6A MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 6A MILL LANE sales from August 2011 and May 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 2011 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the May 2021 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 6A MILL LANE?

6A MILL LANE is 190m² according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of detached houses in Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Martin, and where 6A MILL LANE lies on this distribution: 79% of detached houses are smaller than 6A MILL LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Martin.

6A MILL LANE: Plot and Title Map

6A MILL LANE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 6A 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 6A 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 6A MILL LANE?

6A MILL LANE is located in MARTIN, in the LN4 postcode district. The below map shows the position of No. 6A on MILL LANE.