2, MILL MERE ROAD, CORRINGHAM, GAINSBOROUGH, DN21 5QZ - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MILL MERE ROAD is a large detached house of 181m², built sometime before 1900, which could now be worth an estimated £328,221. It was last sold for £230,000 in January 2016, which was around 13% above the average January 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 MILL MERE ROAD Sold Prices

Land registry data shows five sales for 2 MILL MERE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the five 2 MILL MERE ROAD 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
2016 22 JAN	£230,000	£202,700	13% above HPI
2013 22 JAN	£162,500	£176,692	8% below HPI
2005 2 NOV	£218,000	£179,888	21% above HPI
2003 12 DEC	£212,500	£152,460	39% above HPI
1999 23 JUL	£78,950	£70,290	12% above HPI

2 MILL MERE ROAD 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 five 2 MILL MERE ROAD sales between July 1999 and January 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 January 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 MILL MERE ROAD be worth now?

2 MILL MERE ROAD might now be worth an estimated £328,221.

This is based on house price inflation of 42.7%, between January 2016 and April 2026, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.7% inflationary increase is applied to the most recent sale price for 2 MILL MERE ROAD of £230,000 on 22nd January 2016. For the value to have increased from £230,000 to £328,221 over the nine years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 MILL MERE ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2016 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL MERE ROAD has not materially changed since January 2016.

How Large is 2 MILL MERE ROAD?

2 MILL MERE ROAD is 181m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses houses in Corringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corringham, and where 2 MILL MERE ROAD lies on this distribution: 73% of detached houses houses are smaller than 2 MILL MERE ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Corringham.

2 MILL MERE ROAD: Plot and Title Map

2 MILL MERE ROAD sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 2 MILL MERE ROAD, 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 2 MILL MERE ROAD). 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 2 MILL MERE ROAD?

2 MILL MERE ROAD is located in CORRINGHAM, in the DN21 postcode district. The below map shows the position of No. 2 on MILL MERE ROAD.