Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
76 MILL LANE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £265,000 in February 2017, which was around 30% above the average February 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 76 MILL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 76 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 |
---|---|---|---|
2017 23 FEB | £265,000 | £203,399 | 30% above HPI |
2015 21 AUG | £160,000 | £200,318 | 20% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 76 MILL LANE sales from August 2015 and February 2017 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 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
76 MILL LANE is 113m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where 76 MILL LANE lies on this distribution: 50% of detached houses are smaller than 76 MILL LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Saxilby.
76 MILL LANE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 76 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 76 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.
76 MILL LANE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 76 on MILL LANE.