MILTON FARM BUNGALOW, VICARAGE LANE, HARMSTON, LINCOLN, LN5 9SL - £270,000

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

MILTON FARM BUNGALOW is a very small extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £270,000 in March 2016, which was around 25% above the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

MILTON FARM BUNGALOW Sold Prices

Land registry data shows three sales for MILTON FARM BUNGALOW since 1^st 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. Two of the three MILTON FARM BUNGALOW sales were for above the average price, whilst one was 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
2016 30 MAR	£270,000	£216,837	25% above HPI
2011 20 APR	£265,000	£175,107	51% above HPI
2010 5 MAR	£137,500	£180,892	24% below HPI

MILTON FARM BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three MILTON FARM BUNGALOW sales between March 2010 and March 2016 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 April 2011 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is MILTON FARM BUNGALOW?

MILTON FARM BUNGALOW is 108m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where MILTON FARM BUNGALOW lies on this distribution: 13% of detached houses are smaller than MILTON FARM BUNGALOW, and 88% of houses are larger. Note that EPC data is not available for all properties in Harmston.

MILTON FARM BUNGALOW: Plot and Title Map

MILTON FARM BUNGALOW sits on a plot of roughly 0.634 of an acre, or 2,567m². The below map shows the location of MILTON FARM BUNGALOW, 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 MILTON FARM BUNGALOW). 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 MILTON FARM BUNGALOW?

MILTON FARM BUNGALOW is located on VICARAGE LANE in HARMSTON, in the LN5 postcode district. The below map shows the position of MILTON FARM BUNGALOW on VICARAGE LANE.