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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HASTINGS DRIVE is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £222,500 in July 2022, which was around 19% 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	£274,882	19% below HPI
2015 12 OCT	£120,000	£189,759	37% below HPI
2011 25 NOV	£123,000	£164,467	25% below HPI
2006 5 OCT	£124,500	£176,185	29% below HPI
2003 11 NOV	£99,950	£139,417	28% below HPI
2000 25 MAY	£55,000	£72,066	24% below HPI
1999 9 NOV	£58,000	£69,337	16% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses by size in Wainfleet All Saints, and where 1 HASTINGS DRIVE lies on this distribution: 6% of detached 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.