ASHLEA, SKEGNESS ROAD, INGOLDMELLS, SKEGNESS, PE25 1NL - £144,000

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

ASHLEA is a very large extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £144,000 in April 2005, which was around 13% below the average April 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was A.

ASHLEA Sold Prices

Land registry data shows two sales for ASHLEA 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 ASHLEA 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
2005 12 APR	£144,000	£166,433	13% below HPI
1996 24 MAY	£46,000	£55,273	17% below HPI

ASHLEA 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 ASHLEA sales from May 1996 and April 2005 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2005 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is ASHLEA?

ASHLEA is 112m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where ASHLEA lies on this distribution: 89% of detached houses are smaller than ASHLEA, and 11% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

ASHLEA: Plot and Title Map

ASHLEA sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of ASHLEA, 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 ASHLEA). 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 ASHLEA?

ASHLEA is located on SKEGNESS ROAD in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of ASHLEA on SKEGNESS ROAD.