DALLAS, SEA LANE, INGOLDMELLS, SKEGNESS, PE25 1NU - £140,000

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

DALLAS is a large detached house of 81m², built sometime between 1976 and 1982. It was last sold for £140,000 in December 2009, which was around 16% below the average December 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

DALLAS Sold Prices

Land registry data shows two sales for DALLAS 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. One of the two DALLAS sales was for below the average price, whilst the other was 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
2009 18 DEC	£140,000	£166,109	16% below HPI
1998 9 DEC	£73,000	£67,466	8% above HPI

DALLAS 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 DALLAS sales from December 1998 and December 2009 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 December 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2009 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might DALLAS be worth now?

DALLAS might now be worth an estimated £240,113.

This is based on house price inflation of 71.5%, between December 2009 and December 2024, 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 71.5% inflationary increase is applied to the most recent sale price for DALLAS of £140,000 on 18th December 2009. For the value to have increased from £140,000 to £240,113 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of DALLAS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of DALLAS has not materially changed since December 2009.

How Large is DALLAS?

DALLAS is 81m² according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ingoldmells, and where DALLAS lies on this distribution: 69% of detached houses houses are smaller than DALLAS, and 30% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

DALLAS: Plot and Title Map

DALLAS sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of DALLAS, 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 DALLAS). 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 DALLAS?

DALLAS is located on SEA LANE in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of DALLAS on SEA LANE.