2, HASTINGS DRIVE, WAINFLEET, SKEGNESS, PE24 4PX - £147,000

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

2 HASTINGS DRIVE is a small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £233,323. It was last sold for £147,000 in September 2014, which was around 18% below the average September 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 HASTINGS DRIVE Sold Prices

Land registry data shows four sales for 2 HASTINGS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 2 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
2014 12 SEP	£147,000	£180,347	18% below HPI
2009 18 SEP	£123,000	£167,897	27% below HPI
1998 15 DEC	£59,500	£67,466	12% below HPI
1997 21 NOV	£60,000	£61,843	3% below HPI

2 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 four 2 HASTINGS DRIVE sales between November 1997 and September 2014 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 HASTINGS DRIVE be worth now?

2 HASTINGS DRIVE might now be worth an estimated £233,323.

This is based on house price inflation of 58.7%, between September 2014 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 58.7% inflationary increase is applied to the most recent sale price for 2 HASTINGS DRIVE of £147,000 on 12th September 2014. For the value to have increased from £147,000 to £233,323 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 HASTINGS DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2014 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HASTINGS DRIVE has not materially changed since September 2014.

How Large is 2 HASTINGS DRIVE?

2 HASTINGS DRIVE is 83m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 2 HASTINGS DRIVE lies on this distribution: 35% of detached houses houses are smaller than 2 HASTINGS DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

2 HASTINGS DRIVE: Plot and Title Map

2 HASTINGS DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 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 2 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 2 HASTINGS DRIVE?

2 HASTINGS DRIVE is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 2 on HASTINGS DRIVE.