7, MUIRFIELD DRIVE, SKEGNESS, PE25 1AG - £265,000

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 MUIRFIELD DRIVE is a very large detached house of 142m², built sometime between 1900 and 1929, which could now be worth an estimated £353,661. It was last sold for £265,000 in September 2017, which was around 24% above the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

7 MUIRFIELD DRIVE Sold Prices

Land registry data shows four sales for 7 MUIRFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 7 MUIRFIELD DRIVE 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
2017 4 SEP	£265,000	£213,464	24% above HPI
2014 19 DEC	£227,000	£178,946	27% above HPI
2002 5 JUL	£119,950	£102,997	16% above HPI
1999 6 AUG	£40,000	£68,823	42% below HPI

7 MUIRFIELD DRIVE 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 four 7 MUIRFIELD DRIVE sales between August 1999 and September 2017 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 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 7 MUIRFIELD DRIVE be worth now?

7 MUIRFIELD DRIVE might now be worth an estimated £353,661.

This is based on house price inflation of 33.5%, between September 2017 and March 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 33.5% inflationary increase is applied to the most recent sale price for 7 MUIRFIELD DRIVE of £265,000 on 4th September 2017. For the value to have increased from £265,000 to £353,661 over the eight years and six months to March 2025, the following assumptions must hold true:

• The value of 7 MUIRFIELD DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MUIRFIELD DRIVE has not materially changed since September 2017.

How Large is 7 MUIRFIELD DRIVE?

7 MUIRFIELD DRIVE is 142m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 7 MUIRFIELD DRIVE lies on this distribution: 82% of detached houses houses are smaller than 7 MUIRFIELD DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Skegness.

7 MUIRFIELD DRIVE: Plot and Title Map

7 MUIRFIELD DRIVE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 7 MUIRFIELD DRIVE, 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 MUIRFIELD DRIVE). 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 MUIRFIELD DRIVE?

7 MUIRFIELD DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 7 on MUIRFIELD DRIVE.