MILL HOUSE, MILL LANE, OSGODBY, MARKET RASEN, LN8 3TB - £397,500

MILL HOUSE is a large extended detached house of 139m², built sometime before 1900. It was last sold for £397,500 in August 2016, which was around 96% above the average August 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was C.

MILL HOUSE Sold Prices

Land registry data shows two sales for MILL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two MILL HOUSE 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 AUG	£397,500	£202,460	96% above HPI
2001 29 NOV	£182,000	£89,618	103% above HPI

MILL HOUSE 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 two MILL HOUSE sales from November 2001 and August 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 November 2001 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the August 2016 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is MILL HOUSE?

MILL HOUSE is 139m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Osgodby, based on EPC data. The below chart shows the distribution of detached houses by size in Osgodby, and where MILL HOUSE lies on this distribution: 60% of detached houses are smaller than MILL HOUSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Osgodby.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 7.1 acres, or 28,765m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on MILL LANE in OSGODBY, in the LN8 postcode district. The below map shows the position of MILL HOUSE on MILL LANE.