ERNSOME LODGE, CROFT LANE, CROFT, SKEGNESS, PE24 4PA - £285,000

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.

ERNSOME LODGE is a large extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £304,246. It was last sold for £285,000 in April 2022, which was around 6% above the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

ERNSOME LODGE Sold Prices

Land registry data shows two sales for ERNSOME LODGE 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 ERNSOME LODGE sales was for above the average price, whilst the other was 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 11 APR	£285,000	£268,144	6% above HPI
2005 19 AUG	£80,000	£170,566	53% below HPI

ERNSOME LODGE 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 ERNSOME LODGE sales from August 2005 and April 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 August 2005 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might ERNSOME LODGE be worth now?

ERNSOME LODGE might now be worth an estimated £304,246.

This is based on house price inflation of 6.8%, between April 2022 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 6.8% inflationary increase is applied to the most recent sale price for ERNSOME LODGE of £285,000 on 11th April 2022. For the value to have increased from £285,000 to £304,246 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of ERNSOME LODGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of ERNSOME LODGE has not materially changed since April 2022.

How Large is ERNSOME LODGE?

ERNSOME LODGE is 122m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 30% 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 ERNSOME LODGE lies on this distribution: 76% of detached houses houses are smaller than ERNSOME LODGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

ERNSOME LODGE: Plot and Title Map

ERNSOME LODGE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of ERNSOME LODGE, 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 ERNSOME LODGE). 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 ERNSOME LODGE?

ERNSOME LODGE is located on CROFT LANE in CROFT, in the PE24 postcode district. The below map shows the position of ERNSOME LODGE on CROFT LANE.