5, HURDMAN WAY, INGOLDMELLS, SKEGNESS, PE25 1NH - £215,000

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

5 HURDMAN WAY is a very small detached house of 45m², built sometime between 1976 and 1982. It was last sold for £215,000 in April 2023, which was around 22% below the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

5 HURDMAN WAY Sold Prices

Land registry data shows two sales for 5 HURDMAN WAY 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 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 27 APR	£215,000	£276,881	22% below HPI
2003 28 MAR	£97,000	£121,304	20% below HPI

5 HURDMAN WAY 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 HURDMAN WAY sales from March 2003 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 March 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 HURDMAN WAY?

5 HURDMAN WAY is 45m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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 HURDMAN WAY lies on this distribution: 2% of detached houses are smaller than 5 HURDMAN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

5 HURDMAN WAY: Plot and Title Map

5 HURDMAN WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 5 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 5 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.

Where is 5 HURDMAN WAY?

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