MILL VIEW, HIGH STREET, INGOLDMELLS, SKEGNESS, PE25 1PT - £240,000

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 VIEW is a very large detached house of 169m², built sometime between 1976 and 1982. It was last sold for £240,000 in April 2024, which was around 13% below the average April 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was C.

MILL VIEW Sold Prices

Land registry data shows two sales for MILL VIEW 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. Both of the two MILL VIEW 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
2024 29 APR	£240,000	£275,993	13% below HPI
2022 12 SEP	£247,500	£278,115	11% below HPI

MILL VIEW 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 MILL VIEW sales from September 2022 and April 2024 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 2022 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is MILL VIEW?

MILL VIEW is 169m² according to the EPC inspection conducted in December 2023. This puts it in the largest 10% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where MILL VIEW lies on this distribution: 97% of detached houses are smaller than MILL VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of MILL VIEW, 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 VIEW). 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 VIEW?

MILL VIEW is located on HIGH STREET in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of MILL VIEW on HIGH STREET.