87, MILL LANE, NORTH HYKEHAM, LINCOLN, LN6 9PA - £380,000

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

87 MILL LANE is a large extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £380,000 in May 2022, which was around 25% above the average May 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

87 MILL LANE Sold Prices

Land registry data shows three sales for 87 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 87 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
2022 27 MAY	£380,000	£303,288	25% above HPI
2009 18 DEC	£205,000	£181,435	13% above HPI
2002 18 OCT	£158,000	£119,592	32% above HPI

87 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 three 87 MILL LANE sales between October 2002 and May 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 December 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 87 MILL LANE?

87 MILL LANE is 131m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 87 MILL LANE lies on this distribution: 78% of detached houses are smaller than 87 MILL LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

87 MILL LANE: Plot and Title Map

87 MILL LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 87 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 87 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 87 MILL LANE?

87 MILL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 87 on MILL LANE.