1, CROFT CLOSE, WAINFLEET, SKEGNESS, PE24 4DT - £276,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CROFT CLOSE is a large detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £272,194. It was last sold for £276,000 in January 2023, which was around 5% below the average January 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

1 CROFT CLOSE Sold Prices

Land registry data shows two sales for 1 CROFT CLOSE 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. One of the two 1 CROFT CLOSE sales was for below the average price, whilst the other was 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 JAN	£276,000	£290,255	5% below HPI
2007 4 OCT	£245,000	£190,812	28% above HPI

1 CROFT 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 two 1 CROFT CLOSE sales from October 2007 and January 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 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 CROFT CLOSE be worth now?

1 CROFT CLOSE might now be worth an estimated £272,194.

This is based on house price deflation of 1.4%, between January 2023 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% deflationary decrease is applied to the most recent sale price for 1 CROFT CLOSE of £276,000 on 31st January 2023. For the value to have decreased from £276,000 to £272,194 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 CROFT CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2023 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CROFT CLOSE has not materially changed since January 2023.

How Large is 1 CROFT CLOSE?

1 CROFT CLOSE is 116m² according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wainfleet All Saints, and where 1 CROFT CLOSE lies on this distribution: 71% of detached houses houses are smaller than 1 CROFT CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

1 CROFT CLOSE: Plot and Title Map

1 CROFT CLOSE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 1 CROFT 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 1 CROFT 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 1 CROFT CLOSE?

1 CROFT CLOSE is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 1 on CROFT CLOSE.