4, MUIRFIELD DRIVE, SKEGNESS, PE25 1AF - £136,000

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

4 MUIRFIELD DRIVE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £136,000 in December 2020, which was around 42% below the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

4 MUIRFIELD DRIVE Sold Prices

Land registry data shows two sales for 4 MUIRFIELD 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 4 MUIRFIELD 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
2020 10 DEC	£136,000	£233,083	42% below HPI
2006 8 SEP	£120,000	£176,340	32% below HPI

4 MUIRFIELD 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 4 MUIRFIELD DRIVE sales from September 2006 and December 2020 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 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 4 MUIRFIELD DRIVE?

4 MUIRFIELD DRIVE is 64m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 4 MUIRFIELD DRIVE lies on this distribution: 10% of detached houses are smaller than 4 MUIRFIELD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Skegness.

4 MUIRFIELD DRIVE: Plot and Title Map

4 MUIRFIELD DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 4 MUIRFIELD 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 4 MUIRFIELD 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 4 MUIRFIELD DRIVE?

4 MUIRFIELD DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 4 on MUIRFIELD DRIVE.