5, LIAMS WAY, WAINFLEET, SKEGNESS, PE24 4LG - £155,000

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

5 LIAMS WAY is a small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £201,376. It was last sold for £155,000 in December 2018, which was around 29% below the average December 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

5 LIAMS WAY Sold Prices

Land registry data shows two sales for 5 LIAMS 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 LIAMS 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
2018 7 DEC	£155,000	£219,283	29% below HPI
2003 23 MAY	£87,500	£129,761	33% below HPI

5 LIAMS 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 LIAMS WAY sales from May 2003 and December 2018 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 May 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 LIAMS WAY be worth now?

5 LIAMS WAY might now be worth an estimated £201,376.

This is based on house price inflation of 29.9%, between December 2018 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 29.9% inflationary increase is applied to the most recent sale price for 5 LIAMS WAY of £155,000 on 7th December 2018. For the value to have increased from £155,000 to £201,376 over the six years to December 2024, the following assumptions must hold true:

• The value of 5 LIAMS WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LIAMS WAY has not materially changed since December 2018.

How Large is 5 LIAMS WAY?

5 LIAMS WAY is 81m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wainfleet All Saints, and where 5 LIAMS WAY lies on this distribution: 32% of detached houses houses are smaller than 5 LIAMS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

5 LIAMS WAY: Plot and Title Map

5 LIAMS WAY sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 5 LIAMS 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 LIAMS 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 LIAMS WAY?

5 LIAMS WAY is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 5 on LIAMS WAY.