6, MILL LANE CLOSE, HOGSTHORPE, SKEGNESS, PE24 5NJ - £178,000

6 MILL LANE CLOSE is a midsized detached house of 82m², built sometime between 1950 and 1966. It was last sold for £178,000 in April 2019, which was around 19% below the average April 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

6 MILL LANE CLOSE Sold Prices

Land registry data shows four sales for 6 MILL LANE CLOSE 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 6 MILL LANE CLOSE 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
2019 15 APR	£178,000	£220,042	19% below HPI
2017 7 MAR	£164,000	£203,019	19% below HPI
2008 29 FEB	£110,000	£178,420	38% below HPI
2000 12 MAY	£52,000	£72,066	28% below HPI

6 MILL LANE CLOSE 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 6 MILL LANE CLOSE sales between May 2000 and April 2019 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 March 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2019 sale, which was also at 19% below the HPI.

How Large is 6 MILL LANE CLOSE?

6 MILL LANE CLOSE is 82m² according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where 6 MILL LANE CLOSE lies on this distribution: 56% of detached houses are smaller than 6 MILL LANE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

6 MILL LANE CLOSE: Plot and Title Map

6 MILL LANE CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 6 MILL LANE CLOSE, 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 6 MILL LANE CLOSE). 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 6 MILL LANE CLOSE?

6 MILL LANE CLOSE is located in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of No. 6 on MILL LANE CLOSE.