138, WAINFLEET ROAD, SKEGNESS, PE25 2EJ - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

138 WAINFLEET ROAD is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £190,000 in December 2021, which was around 28% below the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

138 WAINFLEET ROAD Sold Prices

Land registry data shows three sales for 138 WAINFLEET ROAD 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 138 WAINFLEET 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
2021 10 DEC	£190,000	£263,970	28% below HPI
2015 6 FEB	£147,500	£175,265	16% below HPI
2012 26 JUN	£116,000	£165,081	30% below HPI

138 WAINFLEET 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 three 138 WAINFLEET ROAD sales between June 2012 and December 2021 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 February 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 138 WAINFLEET ROAD be worth now?

138 WAINFLEET ROAD might now be worth an estimated £205,059.

This is based on house price inflation of 7.9%, between December 2021 and December 2024, 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 7.9% inflationary increase is applied to the most recent sale price for 138 WAINFLEET ROAD of £190,000 on 10th December 2021. For the value to have increased from £190,000 to £205,059 over the three years to December 2024, the following assumptions must hold true:

• The value of 138 WAINFLEET ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 138 WAINFLEET ROAD has not materially changed since December 2021.

How Large is 138 WAINFLEET ROAD?

138 WAINFLEET ROAD is 77m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 138 WAINFLEET ROAD lies on this distribution: 29% of detached houses houses are smaller than 138 WAINFLEET ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Skegness.

138 WAINFLEET ROAD: Plot and Title Map

138 WAINFLEET ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 138 WAINFLEET 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 138 WAINFLEET 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 138 WAINFLEET ROAD?

138 WAINFLEET ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 138 on WAINFLEET ROAD.