COPPERFIELD, RUMBOLD LANE, WAINFLEET, SKEGNESS, PE24 4DS - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

COPPERFIELD is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £195,000 in August 2022, which was around 29% below the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was A.

COPPERFIELD Sold Prices

Land registry data shows four sales for COPPERFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four COPPERFIELD 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
2022 26 AUG	£195,000	£275,687	29% below HPI
2011 20 JUL	£118,800	£168,467	29% below HPI
2003 16 DEC	£125,000	£144,620	14% below HPI
1997 24 JAN	£42,000	£56,779	26% below HPI

COPPERFIELD 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 four COPPERFIELD sales between January 1997 and August 2022 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 July 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, which was also at 29% below the HPI.

How Large is COPPERFIELD?

COPPERFIELD is 82m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses by size in Wainfleet All Saints, and where COPPERFIELD lies on this distribution: 35% of detached houses are smaller than COPPERFIELD, and 65% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

COPPERFIELD: Plot and Title Map

COPPERFIELD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of COPPERFIELD, 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 COPPERFIELD). 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 COPPERFIELD?

COPPERFIELD is located on RUMBOLD LANE in WAINFLEET, in the PE24 postcode district. The below map shows the position of COPPERFIELD on RUMBOLD LANE.