42, OLD WAINFLEET ROAD, SKEGNESS, PE25 3RR - £142,000

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

42 OLD WAINFLEET ROAD is a large extended detached house of 112m², built sometime between 1900 and 1929. It was last sold for £142,000 in January 2017, which was around 29% below the average January 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

42 OLD WAINFLEET ROAD Sold Prices

Land registry data shows three sales for 42 OLD WAINFLEET ROAD 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 42 OLD WAINFLEET ROAD 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
2017 16 JAN	£142,000	£198,825	29% below HPI
2015 15 JUL	£67,000	£181,933	63% below HPI
2003 21 OCT	£75,000	£137,863	46% below HPI

42 OLD WAINFLEET ROAD 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 42 OLD WAINFLEET ROAD sales between October 2003 and January 2017 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 2015 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the January 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 42 OLD WAINFLEET ROAD?

42 OLD WAINFLEET ROAD is 112m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 42 OLD WAINFLEET ROAD lies on this distribution: 64% of detached houses are smaller than 42 OLD WAINFLEET ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Skegness.

42 OLD WAINFLEET ROAD: Plot and Title Map

42 OLD WAINFLEET ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 42 OLD WAINFLEET ROAD, 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 42 OLD WAINFLEET ROAD). 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 42 OLD WAINFLEET ROAD?

42 OLD WAINFLEET ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 42 on OLD WAINFLEET ROAD.