16, SEA VIEW ESTATE, INGOLDMELLS, SKEGNESS, PE25 1LG - £43,500

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

16 SEA VIEW ESTATE is a small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £43,500 in September 1999, which was around 37% below the average September 1999 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was C.

16 SEA VIEW ESTATE Sold Prices

Land registry data shows two sales for 16 SEA VIEW ESTATE 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 SEA VIEW ESTATE 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
1999 27 SEP	£43,500	£69,473	37% below HPI
1998 18 SEP	£39,000	£66,334	41% below HPI

16 SEA VIEW ESTATE 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 SEA VIEW ESTATE sales from September 1998 and September 1999 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 September 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 1999 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 16 SEA VIEW ESTATE be worth now?

16 SEA VIEW ESTATE might now be worth an estimated £178,383.

This is based on house price inflation of 310.1%, between September 1999 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 310.1% inflationary increase is applied to the most recent sale price for 16 SEA VIEW ESTATE of £43,500 on 27th September 1999. For the value to have increased from £43,500 to £178,383 over the 24 years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 SEA VIEW ESTATE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 1999 sale price of £43,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SEA VIEW ESTATE has not materially changed since September 1999.

How Large is 16 SEA VIEW ESTATE?

16 SEA VIEW ESTATE is 66m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% 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 SEA VIEW ESTATE lies on this distribution: 33% of detached houses houses are smaller than 16 SEA VIEW ESTATE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

16 SEA VIEW ESTATE: Plot and Title Map

16 SEA VIEW ESTATE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 16 SEA VIEW ESTATE, 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 SEA VIEW ESTATE). 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 SEA VIEW ESTATE?

16 SEA VIEW ESTATE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 16 on SEA VIEW ESTATE.