10, ELMWOOD DRIVE, INGOLDMELLS, SKEGNESS, PE25 1QG - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 ELMWOOD DRIVE is a midsized detached house of 70m², built sometime between 1983 and 1990. It was last sold for £210,000 in January 2023, which was around 27% below the average January 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

10 ELMWOOD DRIVE Sold Prices

Land registry data shows four sales for 10 ELMWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 10 ELMWOOD 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
2023 6 JAN	£210,000	£286,087	27% below HPI
2006 20 OCT	£158,000	£176,185	10% below HPI
2002 18 OCT	£86,950	£114,682	24% below HPI
1999 1 APR	£47,000	£64,773	27% below HPI

10 ELMWOOD 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 four 10 ELMWOOD DRIVE sales between April 1999 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 10 ELMWOOD DRIVE?

10 ELMWOOD DRIVE is 70m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where 10 ELMWOOD DRIVE lies on this distribution: 45% of detached houses are smaller than 10 ELMWOOD DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

10 ELMWOOD DRIVE: Plot and Title Map

10 ELMWOOD DRIVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 10 ELMWOOD 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 10 ELMWOOD 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 10 ELMWOOD DRIVE?

10 ELMWOOD DRIVE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 10 on ELMWOOD DRIVE.