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
7 MUIRFIELD DRIVE is a very large detached house of 142m², built sometime between 1900 and 1929. It was last sold for £265,000 in September 2017, which was around 26% 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.
Land registry data shows four sales for 7 MUIRFIELD DRIVE since 1st 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 | £210,398 | 26% above HPI |
2014 19 DEC | £227,000 | £176,376 | 29% above HPI |
2002 5 JUL | £119,950 | £101,518 | 18% above HPI |
1999 6 AUG | £40,000 | £67,835 | 41% below HPI |
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 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.
7 MUIRFIELD DRIVE is 142m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 7 MUIRFIELD DRIVE lies on this distribution: 82% of detached 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 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.
7 MUIRFIELD DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 7 on MUIRFIELD DRIVE.