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

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

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 30% 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	£201,722	30% below HPI
2015 15 JUL	£67,000	£184,584	64% below HPI
2003 21 OCT	£75,000	£139,872	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 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the January 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 42 OLD WAINFLEET ROAD be worth now?

42 OLD WAINFLEET ROAD might now be worth an estimated £200,547.

This is based on house price inflation of 41.2%, between January 2017 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 41.2% inflationary increase is applied to the most recent sale price for 42 OLD WAINFLEET ROAD of £142,000 on 16th January 2017. For the value to have increased from £142,000 to £200,547 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 42 OLD WAINFLEET ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2017 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 42 OLD WAINFLEET ROAD has not materially changed since January 2017.

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 houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 42 OLD WAINFLEET ROAD lies on this distribution: 64% of detached houses 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.