4, Mill Lane
4, Mill Lane
Description & Estimates
Public records show 4, Mill Lane, Sleaford to be a modern freehold house with 1,786 ft2 of internal area, sitting on a 527 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Mill Lane, Sleaford has an estimated sale value of £337,941 and an estimated rental value of £1,188 per month, assuming reasonable condition and based on the information available.
Mill Lane, Horbling, Sleaford, NG34 lies in the borough of South Kesteven, within the NG34 postal district.
Our Data Sources
4, Mill Lane, Sleaford has 21 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 4, Mill Lane, Sleaford would be worth £354,838, with a potential rental value of £1,248 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £314,285, with a rental value of £1,105 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Mill Lane, Sleaford has decreased by £12,356 (3.7%) over the last year. During the same period, its estimated monthly rental value has grown by £15 (1.3%). The property's estimated gross yield is currently 4.2%.
Plot Size
4, Mill Lane, Sleaford occupies a 527 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
4, Mill Lane, Sleaford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
4, Mill Lane, Sleaford last changed hands on 23rd November 2018, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.4% since November 2018.
- Sold Nov 2018£300,000
- Sold Jul 2003£240,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.5 kilometres of 4, Mill Lane, Sleaford across the last 2 years.
Most recently, 23, High Street, Sleaford, NG34 0PE, a freehold house, sold at £399,950 on the 25th September 2024.
Read more about house prices in NG34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 4, Mill Lane, Sleaford as the 7th largest and the 7th most expensive of the 7 addresses on Mill Lane, Horbling, Sleaford, NG34.
Against the NG34 postcode district average, it is £100k more expensive than the typical property.
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Schools Nearby
- 500mBrown's Church of England Primary School
- 1.1kmBillingborough Primary School
- 3.7kmThe St Gilbert of Sempringham Church of England Primary School, Pointon
- 9.2kmCowley Academy
- 11.3kmKesteven and Sleaford High School Selective Academy
- 11.8kmSt George's Academy
More reading links
Public Transport Nearby
Heckington station is the nearest stop to 4, Mill Lane, Sleaford at 8.5 kilometres away.
- 8.5kmHeckington
- 11.1kmSleaford
- 11.9kmRauceby
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
