17, RUMBOLD LANE, WAINFLEET, SKEGNESS, PE24 4DS - £116,000

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.

17 RUMBOLD LANE is a very small detached house of 42m², built sometime between 1976 and 1982, which could now be worth an estimated £155,554. It was last sold for £116,000 in September 2017, which was around 46% below the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2020, where the current energy rating was F, and the potential energy rating was C.

17 RUMBOLD LANE Sold Prices

Land registry data shows three sales for 17 RUMBOLD LANE 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 17 RUMBOLD LANE 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
2017 11 SEP	£116,000	£213,464	46% below HPI
2007 11 DEC	£95,000	£190,084	50% below HPI
1997 29 SEP	£26,500	£63,452	58% below HPI

17 RUMBOLD LANE 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 17 RUMBOLD LANE sales between September 1997 and September 2017 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 December 2007 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2017 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 17 RUMBOLD LANE be worth now?

17 RUMBOLD LANE might now be worth an estimated £155,554.

This is based on house price inflation of 34.1%, between September 2017 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 34.1% inflationary increase is applied to the most recent sale price for 17 RUMBOLD LANE of £116,000 on 11th September 2017. For the value to have increased from £116,000 to £155,554 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 RUMBOLD LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2017 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RUMBOLD LANE has not materially changed since September 2017.

How Large is 17 RUMBOLD LANE?

17 RUMBOLD LANE is 42m² according to the EPC inspection conducted in April 2020. This puts it in the smallest 10% 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 17 RUMBOLD LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 17 RUMBOLD LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

17 RUMBOLD LANE: Plot and Title Map

17 RUMBOLD LANE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 17 RUMBOLD LANE, 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 17 RUMBOLD LANE). 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 17 RUMBOLD LANE?

17 RUMBOLD LANE is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 17 on RUMBOLD LANE.