7, HIDES CLOSE, INGOLDMELLS, SKEGNESS, PE25 1JT - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 HIDES CLOSE is a very large detached house of 123m², built sometime between 2007 and 2011, which could now be worth an estimated £317,248. It was last sold for £300,000 in June 2024, which was around 11% above the average June 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

7 HIDES CLOSE Sold Prices

Land registry data shows three sales for 7 HIDES CLOSE 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 7 HIDES CLOSE sales were for above 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
2024 20 JUN	£300,000	£270,689	11% above HPI
2015 11 DEC	£234,500	£191,938	22% above HPI
2008 30 MAY	£264,995	£180,664	47% above HPI

7 HIDES CLOSE 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 7 HIDES CLOSE sales between May 2008 and June 2024 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 December 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 7 HIDES CLOSE be worth now?

7 HIDES CLOSE might now be worth an estimated £317,248.

This is based on house price inflation of 5.7%, between June 2024 and February 2025, 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 5.7% inflationary increase is applied to the most recent sale price for 7 HIDES CLOSE of £300,000 on 20th June 2024. For the value to have increased from £300,000 to £317,248 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 7 HIDES CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HIDES CLOSE has not materially changed since June 2024.

How Large is 7 HIDES CLOSE?

7 HIDES CLOSE is 123m² according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ingoldmells, and where 7 HIDES CLOSE lies on this distribution: 93% of detached houses houses are smaller than 7 HIDES CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

7 HIDES CLOSE: Plot and Title Map

7 HIDES CLOSE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 7 HIDES CLOSE, 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 7 HIDES CLOSE). 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 7 HIDES CLOSE?

7 HIDES CLOSE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 7 on HIDES CLOSE.