5, CENTRAL AVENUE, INGOLDMELLS, SKEGNESS, PE25 1LB - £73,000

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

5 CENTRAL AVENUE is a midsized extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £73,000 in July 2014, which was around 58% below the average July 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was C.

5 CENTRAL AVENUE Sold Prices

Land registry data shows two sales for 5 CENTRAL AVENUE 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 5 CENTRAL AVENUE 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
2014 28 JUL	£73,000	£174,550	58% below HPI
2001 12 JUN	£58,000	£82,505	30% below HPI

5 CENTRAL AVENUE 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 5 CENTRAL AVENUE sales from June 2001 and July 2014 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 June 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 5 CENTRAL AVENUE?

5 CENTRAL AVENUE is 71m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 50% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where 5 CENTRAL AVENUE lies on this distribution: 50% of detached houses are smaller than 5 CENTRAL AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

5 CENTRAL AVENUE: Plot and Title Map

5 CENTRAL AVENUE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 5 CENTRAL AVENUE, 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 5 CENTRAL AVENUE). 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 5 CENTRAL AVENUE?

5 CENTRAL AVENUE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 5 on CENTRAL AVENUE.