32, MILL LANE, WHAPLODE, SPALDING, PE12 6TP - £95,000

32 MILL LANE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £95,000 in November 2012, which was around 43% below the average November 2012 detached price in the South Holland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

32 MILL LANE Sold Prices

Land registry data shows four sales for 32 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 South Holland local authority area for the corresponding sale date. All of the four 32 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
2012 15 NOV	£95,000	£168,137	43% below HPI
2002 18 JAN	£70,000	£100,024	30% below HPI
1998 24 APR	£46,500	£61,112	24% below HPI
1995 28 JUL	£36,100	£50,250	28% below HPI

32 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four 32 MILL LANE sales between July 1995 and November 2012 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2012 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 32 MILL LANE?

32 MILL LANE is 68m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Whaplode, based on EPC data. The below chart shows the distribution of detached houses by size in Whaplode, and where 32 MILL LANE lies on this distribution: 8% of detached houses are smaller than 32 MILL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Whaplode.

32 MILL LANE: Plot and Title Map

32 MILL LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 32 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 32 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 32 MILL LANE?

32 MILL LANE is located in WHAPLODE, in the PE12 postcode district. The below map shows the position of No. 32 on MILL LANE.