BYCROFT, SKEGNESS ROAD, WAINFLEET, SKEGNESS, PE24 4AA - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BYCROFT is a very large detached house of 159m², built sometime between 1976 and 1982, which could now be worth an estimated £312,714. It was last sold for £205,000 in August 2015, which was around 9% above the average August 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

BYCROFT Sold Prices

Land registry data shows two sales for BYCROFT 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 BYCROFT 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
2015 26 AUG	£205,000	£187,653	9% above HPI
2013 15 OCT	£185,000	£172,648	7% above HPI

BYCROFT 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 BYCROFT sales from October 2013 and August 2015 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 October 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might BYCROFT be worth now?

BYCROFT might now be worth an estimated £312,714.

This is based on house price inflation of 52.5%, between August 2015 and February 2025, 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 52.5% inflationary increase is applied to the most recent sale price for BYCROFT of £205,000 on 26th August 2015. For the value to have increased from £205,000 to £312,714 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of BYCROFT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2015 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of BYCROFT has not materially changed since August 2015.

How Large is BYCROFT?

BYCROFT is 159m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wainfleet All Saints, and where BYCROFT lies on this distribution: 88% of detached houses houses are smaller than BYCROFT, and 12% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

BYCROFT: Plot and Title Map

BYCROFT sits on a plot of roughly 0.220 of an acre, or 892m². The below map shows the location of BYCROFT, 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 BYCROFT). 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 BYCROFT?

BYCROFT is located on SKEGNESS ROAD in WAINFLEET, in the PE24 postcode district. The below map shows the position of BYCROFT on SKEGNESS ROAD.