DUNROMIN, SKEGNESS ROAD, INGOLDMELLS, SKEGNESS, PE25 1NL - £180,000

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.

DUNROMIN is a very large detached house of 122m², built sometime between 1900 and 1929, which could now be worth an estimated £228,228. It was last sold for £180,000 in September 2019, which was around 20% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was E.

DUNROMIN Sold Prices

Land registry data shows five sales for DUNROMIN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five DUNROMIN 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
2019 3 SEP	£180,000	£224,683	20% below HPI
2016 27 OCT	£183,000	£195,672	6% below HPI
2010 26 FEB	£180,000	£167,887	7% above HPI
2005 21 FEB	£155,000	£166,953	7% below HPI
1995 7 AUG	£56,000	£55,461	1% above HPI

DUNROMIN 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 five DUNROMIN sales between August 1995 and September 2019 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 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might DUNROMIN be worth now?

DUNROMIN might now be worth an estimated £228,228.

This is based on house price inflation of 26.8%, between September 2019 and March 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 26.8% inflationary increase is applied to the most recent sale price for DUNROMIN of £180,000 on 3rd September 2019. For the value to have increased from £180,000 to £228,228 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of DUNROMIN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of DUNROMIN has not materially changed since September 2019.

How Large is DUNROMIN?

DUNROMIN is 122m² according to the EPC inspection conducted in July 2009. This puts it in the largest 10% 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 DUNROMIN lies on this distribution: 93% of detached houses houses are smaller than DUNROMIN, and 7% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

DUNROMIN: Plot and Title Map

DUNROMIN sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of DUNROMIN, 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 DUNROMIN). 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 DUNROMIN?

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