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
43 HURDMAN WAY is a midsized extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £220,000 in April 2023, which was around 21% below the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for 43 HURDMAN WAY since 1st 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 43 HURDMAN WAY 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 |
---|---|---|---|
2023 25 APR | £220,000 | £276,881 | 21% below HPI |
2015 3 JUL | £162,000 | £181,933 | 11% below HPI |
2014 10 OCT | £105,000 | £178,623 | 41% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 43 HURDMAN WAY sales between October 2014 and April 2023 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
43 HURDMAN WAY is 78m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 43 HURDMAN WAY lies on this distribution: 59% of detached houses are smaller than 43 HURDMAN WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.
43 HURDMAN WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 43 HURDMAN WAY, 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 43 HURDMAN WAY). 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.
43 HURDMAN WAY is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 43 on HURDMAN WAY.