7, OLD MILL LANE, BROUGHTON, BRIGG, DN20 0JF - £285,000

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

7 OLD MILL LANE is a very large extended detached house of 131m², built sometime before 1900. It was last sold for £285,000 in October 2022, which was around 16% above the average October 2022 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

7 OLD MILL LANE Sold Prices

Land registry data shows four sales for 7 OLD MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. two of the four 7 OLD MILL LANE sales were for above the average price, and four were 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
2022 4 OCT	£285,000	£246,567	16% above HPI
2019 26 SEP	£100,000	£197,520	49% below HPI
2016 14 OCT	£149,950	£180,371	17% below HPI
1998 14 AUG	£75,000	£64,335	17% above HPI

7 OLD MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The four 7 OLD MILL LANE sales between August 1998 and October 2022 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 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 7 OLD MILL LANE?

7 OLD MILL LANE is 131m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Broughton, and where 7 OLD MILL LANE lies on this distribution: 81% of detached houses are smaller than 7 OLD MILL LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Broughton.

7 OLD MILL LANE: Plot and Title Map

7 OLD MILL LANE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 7 OLD 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 7 OLD 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 7 OLD MILL LANE?

7 OLD MILL LANE is located in BROUGHTON, in the DN20 postcode district. The below map shows the position of No. 7 on OLD MILL LANE.