MILLFIELD HOUSE, MAYS LANE, SAXILBY, LINCOLN, LN1 2QE - £430,000

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

MILLFIELD HOUSE is a large extended detached house of 136m², built sometime before 1900. It was last sold for £430,000 in April 2023, which was around 60% above the average April 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

MILLFIELD HOUSE Sold Prices

Land registry data shows two sales for MILLFIELD 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 MILLFIELD 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
2023 11 APR	£430,000	£268,944	60% above HPI
2020 8 OCT	£265,000	£233,330	14% above HPI

MILLFIELD 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 MILLFIELD HOUSE sales from October 2020 and April 2023 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 October 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2023 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is MILLFIELD HOUSE?

MILLFIELD HOUSE is 136m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where MILLFIELD HOUSE lies on this distribution: 75% of detached houses are smaller than MILLFIELD HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

MILLFIELD HOUSE: Plot and Title Map

MILLFIELD HOUSE sits on a plot of roughly 0.327 of an acre, or 1,323m². The below map shows the location of MILLFIELD 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 MILLFIELD 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 MILLFIELD HOUSE?

MILLFIELD HOUSE is located on MAYS LANE in SAXILBY, in the LN1 postcode district. The below map shows the position of MILLFIELD HOUSE on MAYS LANE.