BROOKLEA, HIGH STREET, INGOLDMELLS, SKEGNESS, PE25 1PT - £124,400

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

BROOKLEA is a very small extended detached house of 59m², built sometime between 1967 and 1975. It was last sold for £124,400 in June 2018, which was around 41% below the average June 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

BROOKLEA Sold Prices

Land registry data shows three sales for BROOKLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three BROOKLEA 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 8 JUN	£124,400	£210,621	41% below HPI
2016 11 AUG	£123,000	£189,466	35% below HPI
1995 12 SEP	£36,000	£54,798	34% below HPI

BROOKLEA 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 three BROOKLEA sales between September 1995 and June 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 August 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is BROOKLEA?

BROOKLEA is 59m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 BROOKLEA lies on this distribution: 19% of detached houses are smaller than BROOKLEA, and 81% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

BROOKLEA: Plot and Title Map

BROOKLEA sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of BROOKLEA, 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 BROOKLEA). 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 BROOKLEA?

BROOKLEA is located on HIGH STREET in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of BROOKLEA on HIGH STREET.