MILL VIEW, MAIN ROAD, GRAINTHORPE, LOUTH, LN11 7HX - £575,000

MILL VIEW is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £575,000 in May 2023, which was around 110% above the average May 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

MILL VIEW Sold Prices

Land registry data shows two sales for MILL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two MILL VIEW 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
2023 31 MAY	£575,000	£273,190	110% above HPI
2018 17 OCT	£325,000	£218,755	49% above HPI

MILL VIEW 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 two MILL VIEW sales from October 2018 and May 2023 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 October 2018 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2023 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is MILL VIEW?

MILL VIEW is 125m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses in Grainthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Grainthorpe, and where MILL VIEW lies on this distribution: 60% of detached houses are smaller than MILL VIEW, and 40% of houses are larger. Note that EPC data is not available for all properties in Grainthorpe.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 4.1 acres, or 16,616m². The below map shows the location of MILL VIEW, 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 VIEW). 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 VIEW?

MILL VIEW is located on MAIN ROAD in GRAINTHORPE, in the LN11 postcode district. The below map shows the position of MILL VIEW on MAIN ROAD.