8, MILLERS WAY, ALFORD, LN13 9EU - £165,000

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

8 MILLERS WAY is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £165,000 in November 2019, which was around 27% below the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

8 MILLERS WAY Sold Prices

Land registry data shows two sales for 8 MILLERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 8 MILLERS WAY sales was for below the average price, whilst the other 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 13 NOV	£165,000	£225,476	27% below HPI
1995 15 NOV	£59,950	£55,148	9% above HPI

8 MILLERS WAY 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 two 8 MILLERS WAY sales from November 1995 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 November 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 MILLERS WAY?

8 MILLERS WAY is 72m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 8 MILLERS WAY lies on this distribution: 15% of detached houses are smaller than 8 MILLERS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Alford.

8 MILLERS WAY: Plot and Title Map

8 MILLERS WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 8 MILLERS WAY, 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 8 MILLERS WAY). 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 8 MILLERS WAY?

8 MILLERS WAY is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 8 on MILLERS WAY.