MILL HOUSE, MILL LANE, BICKER, BOSTON, PE20 3AA - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILL HOUSE is a very small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £195,000 in March 2020, which was around 9% below the average March 2020 detached price in the Boston local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

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 Boston local authority area for the corresponding sale date. Both of the two MILL HOUSE sales were 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
2020 27 MAR	£195,000	£213,739	9% below HPI
2002 26 JUL	£85,000	£105,265	19% below HPI

MILL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The two MILL HOUSE sales from July 2002 and March 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 July 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 91m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses by size in Bicker, and where MILL HOUSE lies on this distribution: 14% of detached houses are smaller than MILL HOUSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bicker.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.620 of an acre, or 2,510m². 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 MILL LANE in BICKER, in the PE20 postcode district. The below map shows the position of MILL HOUSE on MILL LANE.