8, MUIRFIELD DRIVE, SKEGNESS, PE25 1AF - £152,500

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

8 MUIRFIELD DRIVE is a very small detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £201,762. It was last sold for £152,500 in February 2020, which was around 29% below the average February 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 MUIRFIELD DRIVE Sold Prices

Land registry data shows two sales for 8 MUIRFIELD DRIVE 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 8 MUIRFIELD DRIVE 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
2020 21 FEB	£152,500	£215,333	29% below HPI
1996 27 JUN	£49,000	£56,642	13% below HPI

8 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 two 8 MUIRFIELD DRIVE sales from June 1996 and February 2020 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 June 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 MUIRFIELD DRIVE be worth now?

8 MUIRFIELD DRIVE might now be worth an estimated £201,762.

This is based on house price inflation of 32.3%, between February 2020 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 32.3% inflationary increase is applied to the most recent sale price for 8 MUIRFIELD DRIVE of £152,500 on 21st February 2020. For the value to have increased from £152,500 to £201,762 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 8 MUIRFIELD DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2020 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MUIRFIELD DRIVE has not materially changed since February 2020.

How Large is 8 MUIRFIELD DRIVE?

8 MUIRFIELD DRIVE is 60m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 8 MUIRFIELD DRIVE lies on this distribution: 6% of detached houses houses are smaller than 8 MUIRFIELD DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 MUIRFIELD DRIVE: Plot and Title Map

8 MUIRFIELD DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 8 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 8 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 8 MUIRFIELD DRIVE?

8 MUIRFIELD DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 8 on MUIRFIELD DRIVE.