2, LIME GROVE, INGOLDMELLS, SKEGNESS, PE25 1QH - £117,000

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 LIME GROVE is a very small detached house of 54m². It was last sold for £117,000 in June 2010, which was around 32% below the average June 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

2 LIME GROVE Sold Prices

Land registry data shows two sales for 2 LIME GROVE 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 2 LIME GROVE 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
2010 11 JUN	£117,000	£172,434	32% below HPI
2002 26 JUL	£73,000	£102,997	29% below HPI

2 LIME GROVE 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 2 LIME GROVE sales from July 2002 and June 2010 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 July 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2010 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 LIME GROVE be worth now?

2 LIME GROVE might now be worth an estimated £193,305.

This is based on house price inflation of 65.2%, between June 2010 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 65.2% inflationary increase is applied to the most recent sale price for 2 LIME GROVE of £117,000 on 11th June 2010. For the value to have increased from £117,000 to £193,305 over the thirteen years and six months to December 2024, the following assumptions must hold true:

• The value of 2 LIME GROVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2010 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LIME GROVE has not materially changed since June 2010.

How Large is 2 LIME GROVE?

2 LIME GROVE is 54m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 2 LIME GROVE lies on this distribution: 8% of detached houses houses are smaller than 2 LIME GROVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

2 LIME GROVE: Plot and Title Map

2 LIME GROVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 2 LIME GROVE, 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 LIME GROVE). 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 LIME GROVE?

2 LIME GROVE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 2 on LIME GROVE.