9, ELMWOOD DRIVE, INGOLDMELLS, SKEGNESS, PE25 1QG - £130,000

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

9 ELMWOOD DRIVE is a very small semi-detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £168,031. It was last sold for £130,000 in September 2018, which was around 13% below the average September 2018 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was A.

9 ELMWOOD DRIVE Sold Prices

Land registry data shows five sales for 9 ELMWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 9 ELMWOOD 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
2018 28 SEP	£130,000	£149,022	13% below HPI
2018 11 MAY	£125,000	£139,864	11% below HPI
2015 5 JUN	£112,000	£121,073	7% below HPI
2007 25 MAY	£120,000	£127,999	6% below HPI
2001 7 AUG	£49,995	£52,911	6% below HPI

9 ELMWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 9 ELMWOOD DRIVE sales between August 2001 and September 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 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 9 ELMWOOD DRIVE be worth now?

9 ELMWOOD DRIVE might now be worth an estimated £168,031.

This is based on house price inflation of 29.3%, between September 2018 and December 2024, for semi-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 29.3% inflationary increase is applied to the most recent sale price for 9 ELMWOOD DRIVE of £130,000 on 28th September 2018. For the value to have increased from £130,000 to £168,031 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 ELMWOOD DRIVE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The September 2018 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ELMWOOD DRIVE has not materially changed since September 2018.

How Large is 9 ELMWOOD DRIVE?

9 ELMWOOD DRIVE is 46m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of semi-detached houses houses in Ingoldmells, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ingoldmells, and where 9 ELMWOOD DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 9 ELMWOOD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

9 ELMWOOD DRIVE: Plot and Title Map

9 ELMWOOD DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 9 ELMWOOD 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 9 ELMWOOD 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 9 ELMWOOD DRIVE?

9 ELMWOOD DRIVE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 9 on ELMWOOD DRIVE.