16, HIDES CLOSE, INGOLDMELLS, SKEGNESS, PE25 1JT - £215,000

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.

16 HIDES CLOSE is a large detached house of 84m², built sometime from 2007 onwards, which could now be worth an estimated £218,113. It was last sold for £215,000 in September 2022, which was around 24% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

16 HIDES CLOSE Sold Prices

Land registry data shows two sales for 16 HIDES CLOSE 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 16 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
2022 21 SEP	£215,000	£282,167	24% below HPI
2007 30 NOV	£148,000	£190,928	22% below HPI

16 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 two 16 HIDES CLOSE sales from November 2007 and September 2022 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 November 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 16 HIDES CLOSE be worth now?

16 HIDES CLOSE might now be worth an estimated £218,113.

This is based on house price inflation of 1.4%, between September 2022 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 1.4% inflationary increase is applied to the most recent sale price for 16 HIDES CLOSE of £215,000 on 21st September 2022. For the value to have increased from £215,000 to £218,113 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 HIDES CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HIDES CLOSE has not materially changed since September 2022.

How Large is 16 HIDES CLOSE?

16 HIDES CLOSE is 84m² according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ingoldmells, and where 16 HIDES CLOSE lies on this distribution: 73% of detached houses houses are smaller than 16 HIDES CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

16 HIDES CLOSE: Plot and Title Map

16 HIDES CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 16 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 16 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 16 HIDES CLOSE?

16 HIDES CLOSE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 16 on HIDES CLOSE.