1, HASTINGS DRIVE, WAINFLEET, SKEGNESS, PE24 4PX - £222,500

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 HASTINGS DRIVE is a very small detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £228,376. It was last sold for £222,500 in July 2022, which was around 20% below the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

1 HASTINGS DRIVE Sold Prices

Land registry data shows seven sales for 1 HASTINGS DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the seven 1 HASTINGS DRIVE sales were for below 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
2022 15 JUL	£222,500	£278,887	20% below HPI
2015 12 OCT	£120,000	£192,524	38% below HPI
2011 25 NOV	£123,000	£166,864	26% below HPI
2006 5 OCT	£124,500	£178,752	30% below HPI
2003 11 NOV	£99,950	£141,448	29% below HPI
2000 25 MAY	£55,000	£73,116	25% below HPI
1999 9 NOV	£58,000	£70,347	18% below HPI

1 HASTINGS DRIVE 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 seven 1 HASTINGS DRIVE sales between November 1999 and July 2022 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 HASTINGS DRIVE be worth now?

1 HASTINGS DRIVE might now be worth an estimated £228,376.

This is based on house price inflation of 2.6%, between July 2022 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 2.6% inflationary increase is applied to the most recent sale price for 1 HASTINGS DRIVE of £222,500 on 15th July 2022. For the value to have increased from £222,500 to £228,376 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1 HASTINGS DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2022 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HASTINGS DRIVE has not materially changed since July 2022.

How Large is 1 HASTINGS DRIVE?

1 HASTINGS DRIVE is 55m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 HASTINGS DRIVE lies on this distribution: 6% of detached houses houses are smaller than 1 HASTINGS DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

1 HASTINGS DRIVE: Plot and Title Map

1 HASTINGS DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 1 HASTINGS DRIVE, 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 HASTINGS DRIVE). 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 HASTINGS DRIVE?

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