13, MILL LANE, HOGSTHORPE, SKEGNESS, PE24 5NF - £178,000

13 MILL LANE is a small detached house of 64m². It was last sold for £178,000 in March 2022, which was around 34% below the average March 2022 detached price in the East 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 D.

13 MILL LANE Sold Prices

Land registry data shows four sales for 13 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 13 MILL LANE 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
2022 10 MAR	£178,000	£270,758	34% below HPI
2017 3 AUG	£145,000	£211,244	31% below HPI
2016 16 SEP	£105,000	£191,934	45% below HPI
2013 15 MAR	£75,000	£161,323	54% below HPI

13 MILL LANE 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 four 13 MILL LANE sales between March 2013 and March 2022 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 August 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 13 MILL LANE?

13 MILL LANE is 64m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where 13 MILL LANE lies on this distribution: 22% of detached houses are smaller than 13 MILL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

13 MILL LANE: Plot and Title Map

13 MILL LANE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 13 MILL LANE, 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 13 MILL LANE). 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 13 MILL LANE?

13 MILL LANE is located in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of No. 13 on MILL LANE.