76, MILL LANE, SAXILBY, LINCOLN, LN1 2QQ - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

76 MILL LANE is a midsized extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £373,838. It was last sold for £265,000 in February 2017, which was around 28% 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.

76 MILL LANE Sold Prices

Land registry data shows two sales for 76 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 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	£206,360	28% above HPI
2015 21 AUG	£160,000	£203,234	21% below HPI

76 MILL LANE Price Paid vs. HPI Average

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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2017 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 76 MILL LANE be worth now?

76 MILL LANE might now be worth an estimated £373,838.

This is based on house price inflation of 41.1%, between February 2017 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.1% inflationary increase is applied to the most recent sale price for 76 MILL LANE of £265,000 on 23rd February 2017. For the value to have increased from £265,000 to £373,838 over the eight years to February 2025, the following assumptions must hold true:

• The value of 76 MILL LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 76 MILL LANE has not materially changed since February 2017.

How Large is 76 MILL LANE?

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 houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxilby, and where 76 MILL LANE lies on this distribution: 51% of detached houses 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: Plot and Title Map

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.

Where is 76 MILL LANE?

76 MILL LANE is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 76 on MILL LANE.