11, POINT ROAD, INGOLDMELLS, SKEGNESS, PE25 1JZ - £25,000

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

11 POINT ROAD is a very small detached house of 56m², built sometime between 1930 and 1949. It was last sold for £25,000 in January 2000, which was around 66% below the average January 2000 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

11 POINT ROAD Sold Prices

Land registry data shows two sales for 11 POINT ROAD 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. Both of the two 11 POINT ROAD 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
2000 18 JAN	£25,000	£72,598	66% below HPI
1998 27 OCT	£18,000	£64,551	72% below HPI

11 POINT ROAD 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 11 POINT ROAD sales from October 1998 and January 2000 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 1998 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the January 2000 sale, where it rises to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is 11 POINT ROAD?

11 POINT ROAD is 56m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where 11 POINT ROAD lies on this distribution: 13% of detached houses are smaller than 11 POINT ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

11 POINT ROAD: Plot and Title Map

11 POINT ROAD sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 11 POINT ROAD, 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 11 POINT ROAD). 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 11 POINT ROAD?

11 POINT ROAD is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 11 on POINT ROAD.