14, MARKET PLACE, WAINFLEET, SKEGNESS, PE24 4BX - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 MARKET PLACE is a very large extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £289,423. It was last sold for £290,000 in November 2024, which was around 1% above the average November 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was E, and the potential energy rating was C.

14 MARKET PLACE Sold Prices

Land registry data shows two sales for 14 MARKET PLACE 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 14 MARKET PLACE sales were for above 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
2024 22 NOV	£290,000	£286,823	1% above HPI
2002 4 OCT	£130,000	£116,353	12% above HPI

14 MARKET PLACE 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 14 MARKET PLACE sales from October 2002 and November 2024 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 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 14 MARKET PLACE be worth now?

14 MARKET PLACE might now be worth an estimated £289,423.

This is based on house price deflation of 0.2%, between November 2024 and February 2025, 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 0.2% deflationary decrease is applied to the most recent sale price for 14 MARKET PLACE of £290,000 on 22nd November 2024. For the value to have decreased from £290,000 to £289,423 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 14 MARKET PLACE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MARKET PLACE has not materially changed since November 2024.

How Large is 14 MARKET PLACE?

14 MARKET PLACE is 159m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 20% of detached houses houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wainfleet All Saints, and where 14 MARKET PLACE lies on this distribution: 88% of detached houses houses are smaller than 14 MARKET PLACE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

14 MARKET PLACE: Plot and Title Map

14 MARKET PLACE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 14 MARKET PLACE, 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 14 MARKET PLACE). 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 14 MARKET PLACE?

14 MARKET PLACE is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 14 on MARKET PLACE.