2, SAMUEL CLOSE, INGOLDMELLS, SKEGNESS, PE25 1PP - £180,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 SAMUEL CLOSE is a large detached house of 80m², built sometime between 1996 and 2002. It was last sold for £180,000 in October 2018, which was around 18% below the average October 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

2 SAMUEL CLOSE Sold Prices

Land registry data shows three sales for 2 SAMUEL CLOSE 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 2 SAMUEL CLOSE 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 12 OCT	£180,000	£218,755	18% below HPI
2014 24 OCT	£134,000	£178,623	25% below HPI
2002 19 APR	£79,950	£97,792	18% below HPI

2 SAMUEL CLOSE 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 2 SAMUEL CLOSE sales between April 2002 and October 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 October 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 SAMUEL CLOSE?

2 SAMUEL CLOSE is 80m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where 2 SAMUEL CLOSE lies on this distribution: 64% of detached houses are smaller than 2 SAMUEL CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

2 SAMUEL CLOSE: Plot and Title Map

2 SAMUEL CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 2 SAMUEL CLOSE, 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 SAMUEL CLOSE). 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 SAMUEL CLOSE?

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