8A, Mill Lane
8A, Mill Lane
Description & Estimates
Public records show 8A, Mill Lane, Lincoln to be a modern freehold house with 2,518 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
8A, Mill Lane, Lincoln has an estimated sale value of £484,062 and an estimated rental value of £1,625 per month, assuming reasonable condition and based on the information available.
Mill Lane, Saxilby, Lincoln, LN1 lies in the borough of West Lindsey, within the LN1 postal district.
Our Data Sources
8A, Mill Lane, Lincoln has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8A, Mill Lane, Lincoln would be worth £508,265, with a potential rental value of £1,706 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £450,178, with a rental value of £1,511 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 8A, Mill Lane, Lincoln has declined by £16,553 (3.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (2.1%). The property's estimated gross yield is currently 4.0%.
Energy Efficiency
8A, Mill Lane, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
8A, Mill Lane, Lincoln last changed hands on 13th December 2023, selling for £610,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 11.8% since December 2023.
- Sold Dec 2023£610,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 8A, Mill Lane, Lincoln across the last 2 years.
Most recently, 16, Macphail Crescent, Lincoln, LN1 2WL, a freehold house, sold at £535,000 on the 8th May 2024.
Read more about house prices in LN1.
•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 8A, Mill Lane, Lincoln as the largest and the most expensive of the 146 addresses on Mill Lane, Saxilby, Lincoln, LN1.
Against the LN1 postcode district average, it is £242k more expensive than the typical property.
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Schools Nearby
- 300mSaxilby Church of England Primary School
- 4.2kmSt Lawrence Church of England Primary School
- 4.5kmSkellingthorpe the Holt Primary School
- 8.0kmLincoln Castle Academy
- 8.1kmThe Priory City of Lincoln Academy
- 8.6kmSt Peter and St Paul, Catholic Voluntary Academy
More reading links
Public Transport Nearby
Saxilby station is the nearest stop to 8A, Mill Lane, Lincoln at 600 metres away.
- 600mSaxilby
- 8.8kmHykeham
- 8.9kmLincoln
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.
