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
90 MILL LANE is a large extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £335,000 in December 2020, which was around 23% above the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 90 MILL LANE since 1st 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. The three 90 MILL LANE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2020 21 DEC | £335,000 | £271,548 | 23% above HPI |
2016 8 JUN | £235,000 | £221,506 | 6% above HPI |
2001 12 JUN | £84,500 | £84,634 | Close to HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 90 MILL LANE sales between June 2001 and December 2020 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 June 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
90 MILL LANE is 117m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 90 MILL LANE lies on this distribution: 66% of detached houses are smaller than 90 MILL LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
90 MILL LANE sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 90 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 90 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.
90 MILL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 90 on MILL LANE.