MILL HOUSE, HIGH STREET, WADDINGHAM, GAINSBOROUGH, DN21 4SW - £220,000

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.

MILL HOUSE is a very large extended detached house of 169m², built sometime before 1900, which could now be worth an estimated £340,741. It was last sold for £220,000 in September 2014, which was around 17% above the average September 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows two sales for MILL HOUSE 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. Both of the two MILL HOUSE 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
2014 30 SEP	£220,000	£187,958	17% above HPI
2000 1 SEP	£85,000	£78,198	9% above HPI

MILL HOUSE 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 MILL HOUSE sales from September 2000 and September 2014 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 September 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might MILL HOUSE be worth now?

MILL HOUSE might now be worth an estimated £340,741.

This is based on house price inflation of 54.9%, between September 2014 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 54.9% inflationary increase is applied to the most recent sale price for MILL HOUSE of £220,000 on 30th September 2014. For the value to have increased from £220,000 to £340,741 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of MILL HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of MILL HOUSE has not materially changed since September 2014.

How Large is MILL HOUSE?

MILL HOUSE is 169m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddingham, and where MILL HOUSE lies on this distribution: 86% of detached houses houses are smaller than MILL HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.244 of an acre, or 989m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on HIGH STREET in WADDINGHAM, in the DN21 postcode district. The below map shows the position of MILL HOUSE on HIGH STREET.