18, HASTINGS DRIVE, WAINFLEET, SKEGNESS, PE24 4PX - £127,500

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.

18 HASTINGS DRIVE is a very small extended detached house of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £165,501. It was last sold for £127,500 in July 2018, which was around 42% below the average July 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

18 HASTINGS DRIVE Sold Prices

Land registry data shows two sales for 18 HASTINGS DRIVE 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 18 HASTINGS DRIVE 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
2018 17 JUL	£127,500	£220,525	42% below HPI
2005 6 MAY	£120,000	£173,870	31% below HPI

18 HASTINGS DRIVE 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 18 HASTINGS DRIVE sales from May 2005 and July 2018 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 May 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 18 HASTINGS DRIVE be worth now?

18 HASTINGS DRIVE might now be worth an estimated £165,501.

This is based on house price inflation of 29.8%, between July 2018 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 29.8% inflationary increase is applied to the most recent sale price for 18 HASTINGS DRIVE of £127,500 on 17th July 2018. For the value to have increased from £127,500 to £165,501 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 18 HASTINGS DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2018 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 18 HASTINGS DRIVE has not materially changed since July 2018.

How Large is 18 HASTINGS DRIVE?

18 HASTINGS DRIVE is 42m², which includes one extension, according to the EPC inspection conducted in October 2012. 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 18 HASTINGS DRIVE lies on this distribution: Less than 1% of detached houses houses are smaller than 18 HASTINGS DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

18 HASTINGS DRIVE: Plot and Title Map

18 HASTINGS DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 18 HASTINGS DRIVE, 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 18 HASTINGS DRIVE). 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 18 HASTINGS DRIVE?

18 HASTINGS DRIVE is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 18 on HASTINGS DRIVE.