LARKFIELD, CROFT LANE, CROFT, SKEGNESS, PE24 4PA - £154,000

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.

LARKFIELD is a small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £266,501. It was last sold for £154,000 in March 2005, which was around 7% below the average March 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

LARKFIELD Sold Prices

Land registry data shows two sales for LARKFIELD 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 LARKFIELD 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
2005 24 MAR	£154,000	£165,413	7% below HPI
1998 13 JUL	£54,000	£66,053	18% below HPI

LARKFIELD 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 LARKFIELD sales from July 1998 and March 2005 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2005 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might LARKFIELD be worth now?

LARKFIELD might now be worth an estimated £266,501.

This is based on house price inflation of 73.1%, between March 2005 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 73.1% inflationary increase is applied to the most recent sale price for LARKFIELD of £154,000 on 24th March 2005. For the value to have increased from £154,000 to £266,501 over the twenty years and one month to February 2025, the following assumptions must hold true:

• The value of LARKFIELD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2005 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of LARKFIELD has not materially changed since March 2005.

How Large is LARKFIELD?

LARKFIELD is 80m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% 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 LARKFIELD lies on this distribution: 30% of detached houses houses are smaller than LARKFIELD, and 69% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

LARKFIELD: Plot and Title Map

LARKFIELD sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of LARKFIELD, 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 LARKFIELD). 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 LARKFIELD?

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