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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 HASTINGS DRIVE is a very small extended detached house of 42m², built sometime between 1983 and 1990. It was last sold for £127,500 in July 2018, which was around 41% 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	£217,358	41% below HPI
2005 6 MAY	£120,000	£171,373	30% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

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 in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses by size in Wainfleet All Saints, and where 18 HASTINGS DRIVE lies on this distribution: Less than 1% of detached 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.