12, HIDES CLOSE, INGOLDMELLS, SKEGNESS, PE25 1JT - £185,000

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

12 HIDES CLOSE is a midsized detached house of 70m², built sometime from 2007 onwards. It was last sold for £185,000 in September 2018, which was around 17% below the average September 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

12 HIDES CLOSE Sold Prices

Land registry data shows three sales for 12 HIDES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 12 HIDES CLOSE 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
2018 11 SEP	£185,000	£222,708	17% below HPI
2016 1 APR	£149,950	£189,394	21% below HPI
2009 30 SEP	£130,000	£165,486	21% below HPI

12 HIDES 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 three 12 HIDES CLOSE sales between September 2009 and September 2018 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 April 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 HIDES CLOSE?

12 HIDES CLOSE is 70m² according to the EPC inspection conducted in July 2018. 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 12 HIDES CLOSE lies on this distribution: 44% of detached houses are smaller than 12 HIDES CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

12 HIDES CLOSE: Plot and Title Map

12 HIDES CLOSE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 12 HIDES 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 12 HIDES 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 12 HIDES CLOSE?

12 HIDES CLOSE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 12 on HIDES CLOSE.